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Q1:WhatwasdoneatFordMotorcompanytoeliminatestoragecosts?A1:Thiseliminatedthestoragecostsofkeepingasupplyofmaterialsinthewarehouse.Q2:WhatnamewasgiventotheJITcomceptattheTototaMotorCorporation?A2:Itskeyfeaturesweretheeliminationofallwasteandthecontinuousimprovementofproductivity.Q3:WhatisthemainobjectiveofJIT?A3:havingtherightamountoftherightmaterial,intherightplace,attherighttime.Q4:Howmanysortsofwastehavebeeneliminatedinleanmanufacturing?Whatarethey?A4:inwhichseventypesofwastehavebeeneliminated.Theseare:overproduction,excesstransportation,excessinventory,waitingtime,processing,motionandproductiondefects.Q5:WhicksentenceinthetextsummarisestheJITphilosophy?A5:productionisstartedbecausethereisademand,productsaremadeandsold,theresponsetimetoproductionisreduced,thefinancialreturnisimmediate