Gilmore Corporation Is Investigating the Possibility of Adopting a Lean

Multiple Choice

Gilmore Corporation is investigating the possibility of adopting a lean thinking philosophy in its manufacturing facilities. The plant manager has done a cost-benefit analysis and has found that the costs of the lean production program exceed the benefits by $115,000. You analyze the situation and make some adjustments to the cost estimates. After doing your analysis, you find that costs still outweigh benefits by less than 5%. Which might be a sound course of action?

A) Consider dropping the plan.
B) Look for ways to lessen costs.
C) Re-evaluate the value of benefits.
D) All of the above should be considered.