Which of the following is not a correct comparison of a just-in-time system with a traditional system?
|
Traditional |
Just-in-time |
|
|
a. |
Longer lead times |
Shorter lead times |
|
b. |
Inventory is an asset |
Inventory is a liability |
|
c. |
Some scrap tolerated |
Zero defects desired |
|
d. |
Lot size based on immediate need |
Lot size based on formulas |