Read the article "Toyota's Chip Supply Helps It Beat GM for the First Time" and respond to these questions:

• What is the "just in time" production system? What is the logic behind it? Based on what you have learned in other classes, what were the benefits of "just in time" and how did Toyota originally hit on the idea of adopting it?
• What troubles have car makers suffered during the pandemic? Why is "just in time" now a liability?
• What are the alternatives to "just in time"? What alternative to "just in time" has Toyota developed? How did Toyota gain a competitive advantage as a result?
• Is the movement against the "just in time" production system a temporary trend, like the swing of the pendulum? Or will this shift become permanent? Justify your opinion!

Article is here: https://www.wsj.com/articles/toyotas-chip-supply-helps-it-beat-general-motors-for-the-first-time-11625569943