In JIT Partnerships, Suppliers Have Several Concerns

question 43

Multiple Choice

In JIT partnerships, suppliers have several concerns. Which of the following is not such a concern?

• A) desire for diversification
• B) poor customer scheduling
• C) small lot sizes
• D) producing high enough quality levels
• E) customers' infrequent engineering changes

---

Definitions:

Financial Growth Factors

Components that contribute to the increase in value of financial assets or earnings.

Geometric Mean

The nth root of the product of n numbers, used to calculate the average rate of return over time or the mean of ratios.

Growth Factor

One plus the percentage increase over a period of time. A growth factor less than 1 indicates negative growth, whereas a growth factor greater than 1 indicates positive growth. The growth factor cannot be less than 0.

Average Wage

The mean earnings of workers in a specific job, industry, or region, often used to compare economic wellbeing.