Statement 1: ‘Lean production should reduce unit costs because it involves a business buying raw materials in greater bulk.’
Statement 2: ‘Lean production should reduce unit costs because it reduces wastage of raw materials.’
Read statements 1 and 2 and select the correct option from the following options.
1 )
Statement 1 is true. Statement 2 is true.
2 )
Statement 1 is true. Statement 2 is false.
Statement 1 is false. Statement 2 is true.
4 )
Statement 1 is false. Statement 2 is false.
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