LSSGB: What is the definition of Inventory type of waste?
OPTIONS
- Storing parts at other location
- Any supply in excess to process requirements necessary to produce goods or services just-in-time
- Wrong parts in inventory
- Finding and removing defective inventory from the stock
ANSWER
Any supply in excess to process requirements necessary to produce goods or services just-in-time
EXPLANATION
Inventory type of waste refers to any supply in excess to process requirements necessary to produce goods or services just-in-time.
