Just-In-Time Inventory (JIT) Systems

question 75

Multiple Choice

Just-in-time inventory (JIT) systems:

• A) are used only by manufacturing firms.
• B) provide a buffer stock of inventory for a company.
• C) are used to reduce inventory holding costs.
• D) save costs by outsourcing inventory management to other companies.
• E) always keep extra inventory on hand for emergencies.

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Definitions:

Integrins

Transmembrane receptors that facilitate cell-extracellular matrix adhesion.

Ras Proteins

A group of small G proteins, named by their discovery in rat sarcoma cancer cells; important in many signaling pathways.

Cyclic Adenosine

A cyclic form of adenosine monophosphate important in intracellular signaling processes.

Serotonin

A neurotransmitter of the biogenic amine group; important in mood and helps regulate the sleep–wake cycle.