Problem:
Just-in-Time came to the United States as an adaptation of the Toyota Production System. When it first came to the United States, it was deemed to be Zero Inventories, although Taiichi Ohno actually called the process "Lean."
Required:
Question 1) Discuss the basics of Just-in-Time using an example from the industry. Further, justify whether Just-in-Time is an inventory control policy or a process improvement methodology. Also, examine if it can be both. Explain the solution in detail.