What is a primary goal of Just In Time production?

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Multiple Choice

What is a primary goal of Just In Time production?

Explanation:
Just In Time production focuses on making only what is needed, when it is needed, and in the quantity needed, so waste is minimized and inventories are kept very low. This pull-based approach reduces storage costs, minimizes excess stock, and improves responsiveness to demand. Increasing raw material storage or expanding factory space would increase costs and capital tied up, which JIT seeks to avoid. Lengthening production lead times would also undermine the goal of a quick, efficient flow. So, the primary aim is to eliminate waste and reduce inventories.

Just In Time production focuses on making only what is needed, when it is needed, and in the quantity needed, so waste is minimized and inventories are kept very low. This pull-based approach reduces storage costs, minimizes excess stock, and improves responsiveness to demand. Increasing raw material storage or expanding factory space would increase costs and capital tied up, which JIT seeks to avoid. Lengthening production lead times would also undermine the goal of a quick, efficient flow. So, the primary aim is to eliminate waste and reduce inventories.

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