Which of the Following Statements Regarding the Pull Method Is/are

question 12

Multiple Choice

Which of the following statements regarding the pull method is/are true?
i. Goods are produced in each manufacturing stage only as they are needed at the next stage.
ii. This method reduces work-in-process inventory.
iii. This method reduces inventory handling and its associated non-value-added cost.

• A) i and ii
• B) i and iii
• C) ii and iii
• D) All of the given answers

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Definitions:

Traditional Academicians

Scholars or educators primarily involved in theoretical or classical studies, often within a university setting.

Hands-On Philosophy

An approach that emphasizes direct involvement and active participation in tasks or projects.

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A significant shift towards entrepreneurship and innovation, transforming traditional industries and creating new economic opportunities.

Competitiveness

The ability of a company or a nation to offer products and services that meet the quality standards of the local and global markets at prices that are competitive.