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A system that delivers products or services at the correct time and in the correct quantities is referred to as:

  1. Takt time

  2. Kaizen

  3. Just-in-time

  4. Single-piece flow

The correct answer is: Just-in-time

The concept that best describes a system delivering products or services at the correct time and in the correct quantities is Just-in-Time (JIT). Just-in-Time is a production strategy aimed at reducing flow times within production systems as well as response times from suppliers and to customers. By promoting the timely delivery of goods and minimizing inventory levels, JIT enables organizations to respond swiftly to customer demand without overproducing. This methodology focuses on the value of efficiency and is particularly important for minimizing waste and ensuring that resources are utilized effectively. In contrast, Takt time refers to the amount of time available to produce a product in order to meet customer demand, serving as a heartbeat for production flow but not explicitly about delivery timing and quantity. Kaizen represents the philosophy of continuous improvement in the workplace that involves all employees, but it does not inherently focus on the timing and quantity of product delivery. Single-piece flow focuses on producing one unit at a time to enhance efficiency and reduce waste, but again, it does not encompass the broader concept of timely delivery and quantity management found in Just-in-Time systems.