______________ production systems were developed to enable firms to manage inventory cost and enhance quality. it is a balanced system in which there is little or no delay time and idle in-processes and finished goods inventory. henry ford incorporated elements of this system in his moving automobile assembly lines in the early 1900s.

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02-12-2021
Business

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______________ production systems were developed to enable firms to manage inventory cost and enhance quality. it is a balanced system in which there is little or no delay time and idle in-processes and finished goods inventory. henry ford incorporated elements of this system in his moving automobile assembly lines in the early 1900s.

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Baraqidn Baraqidn · Answer 1 · 2021-12-06T05:06:40-05:00

Based on supply process management, Lean production systems were developed to manage inventory costs and enhance quality.

The lean production system is established on five essential principles, which assist in balancing the system. There is little or no delay time and idle in-processes and finished goods inventory.

Lean production systems work on five principles, including:

Value,
Value stream,
Flow,
Pull,
Perfection.

Hence, in this case, it is concluded that the correct answer is "Lean Production system."

Learn more about the lean production system here: https://brainly.com/question/13680633

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