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3. (TCO 3) Which of the following is a goal of JIT partnerships? (Points : 3) Re

ID: 462196 • Letter: 3

Question

3. (TCO 3) Which of the following is a goal of JIT partnerships? (Points : 3)        Reduce inventory and variability
       Increase variability
       Increase in-transit inventory
       Elimination of engineering changes           Question 4.4. (TCO 3) Which of the following is not a benefit of small production lots? (Points : 3)        Work-in-process inventory is smaller
       Holding costs decrease
       Workstations can be placed closer together
       Manufacturing cycle time is longer 3. (TCO 3) Which of the following is a goal of JIT partnerships? (Points : 3)        Reduce inventory and variability
       Increase variability
       Increase in-transit inventory
       Elimination of engineering changes          

Explanation / Answer

3. goal of JIT partnership is: Reduce inventory and variability

4. Manucaturing cycle time is longer

In small production lots, as the work-in progress is less, the workstations are placed closer together, the setup times are reduced, and inventory level is less which over all results in reduction in manufacturing cycle time,