Question

The advantage of the mass producers lasted until the Japanese auto companies further revised the value chain and created lean production.

A) True
B) False

Answer 1

The advantage of mass producers lasted until the Japanese auto companies further revised the value chain and created lean production.

Step-by-step explanation:

The statement is True.The advantage of mass producers lasted until the Japanese auto companies further revised the value chain and created lean production.Lean production is a manufacturing philosophy and approach that focuses on eliminating waste and maximizing value for the customer. It involves techniques such as just-in-time delivery, where parts are delivered only when needed, and smaller batch sizes to minimize inventory and increase efficiency.By implementing lean production, Japanese auto companies were able to improve their productivity, quality, and cost competitiveness, posing a challenge to mass producers.