Answer Posted / dushyant bansal

If one can provide a control on Quality, Cost and Time all
at a time then the cost can be perfectly optimised.

For the above said minimum wastage and timely completion of
work must be assured.

This can help in cost control as it can help us reduce
inventory cost.

Also labour time wastage can be reduced if all work is done
with a planned schedule. whichin turn affects the cost.

Lean production is the best method i consider to optimise
the cost.

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