What is FALSE about Lean Manufacturing

It is an approach to decide which laborers can be laid off to reduce costs

It is comprised of many innovations in manufacturing process and management culture.

Many of the ideas can be traced back to William Deming, an American

It is sometimes called Japanese Manufacturing Techniques since it was widely adopted after WWII as Japanese companies were striving to improve quality and quantity of production

You prepare a bench-marking study of your company A versus your two primary competitors (X and Y) and find the following:

Days Sales in Inventory:

Company A 65.3

Company B 45.9

Company C 39.2

What of the following is False?

Companies X and Y may be using a combination of superior process management, people management and/or production systems to improve inventory management.

This has negative impacts on your company by tying up cash (working capital), risking obsolescence (more inventory unsold), and increasing costs (more storage systems and warehouse space).

They are favoring manufacturing at large scale versus using customer demand estimation and "demand pull" techniques.

Your company is not doing well on this measure since it takes much longer to sell your inventory.