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What are the total benefits of adopting lean production

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Question - Jones Industries manufactures iPhone case covers. Glenda Olivier, the CEO, is trying to decide whether to adopt a lean thinking model. She expects that adopting lean production would save $76,000 in warehousing expenses and $35,400 in spoilage costs. Adopting lean production will require sever alone-time up-front expenditures: $32,500 for an employee training program, $35,000 to streamline the plant's production process, and $7,500 to identify suppliers that will guarantee zero defects and on-time delivery

1. The total costs of adopting lean production are:

2. What are the total benefits of adopting lean production?

Reference no: EM132161435

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