Question

In this production process, the manufacturer arranges for materials to arrive at production facilities just in time to enter the manufacturing process. Materials and parts don't sit unused for long periods of time - costing space and tying up money. What is it called?

Answer 1

Just-in-time production is a manufacturing strategy where materials and parts are delivered to production facilities exactly when they are needed, eliminating the need for excess inventory and reducing costs.

Step-by-step explanation:

The production process described in the question is called just-in-time production.

Just-in-time production is a manufacturing strategy where materials and parts are delivered to production facilities exactly when they are needed, eliminating the need for excess inventory and reducing costs.

With just-in-time production, the materials and parts are not kept unused for long periods of time, minimizing space and saving money for the manufacturer.

For example, in the 1980s, American car manufacturers adopted just-in-time delivery where car parts were delivered daily to the assembly plants, eliminating the need for large warehouses and improving quality control.

This approach allows for better efficiency and cost savings in the production process.