Final answer:
Just-in-time processing involves receiving raw materials, completing subassembly parts, and finishing goods all just in time for their respective next stages in production, leading to increased efficiency and reduced costs. The correct answer is (d) All of the above.
Step-by-step explanation:
Under just-in-time processing, several principles work together to improve the manufacturing process:
- (a) Raw materials are received just in time for use in production, minimizing storage costs and reducing the risk of inventory obsolescence.
- (b) Subassembly parts are completed just in time for use in assembling finished goods, which streamlines the production process.
- (c) Finished goods are completed just in time to be sold, ensuring that products are fresh and reducing the need for warehousing.
Therefore, the correct answer is (d) All of the above. Just-in-time processing integrates these elements to create an efficient production system that responds quickly to market demands, maintains quality control, and reduces costs.