Inventory reduction is a(n) _____ principle.

A) lean
B) traditional processing
C) economic
D) wait time

Inventory Reduction

A decrease in the amount of inventory a company holds, often achieved through sales or more efficient production processes.

Lean Principle

A methodology focused on minimizing waste within manufacturing systems while simultaneously maximizing productivity.

Wait Time

The period a customer or process needs to wait before an action is taken or service is provided, often a measure of efficiency.

Perceive the key principles and intentions behind lean manufacturing.
Pinpoint the fundamental aspects of lean manufacturing, such as minimizing inventory levels, elevating quality standards, and reducing the time required for setup.

Verified Answer

Final Answer :

Explanation :

Inventory reduction is a core principle of lean manufacturing, which aims to eliminate waste and improve efficiency by reducing excess inventory.

Learning Objectives

Perceive the key principles and intentions behind lean manufacturing.
Pinpoint the fundamental aspects of lean manufacturing, such as minimizing inventory levels, elevating quality standards, and reducing the time required for setup.