Just-In-Time (JIT) Production Systems

question 19

Multiple Choice

Just-in-time (JIT) production systems:

• A)Require close communications with the engineering department
• B)Do not require close communications with vendors
• C)Require closely controlled inventory levels
• D)Do not require additional monitoring

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Definitions:

Derived Demand

The demand for a product or service that arises not from the direct need or desire for that product, but rather from the demand for another good or service.

Automobiles

Motor vehicles designed for transporting passengers on roads.

Profit-oriented

A business approach focused on making financial gain and maximizing profit margins.

Purchased Goods

Items or commodities that have been bought by individuals or organizations, ranging from consumables to durable goods.