The Principle of Having Just Enough Inventory on Hand to Meet

question 1

Multiple Choice

The principle of having just enough inventory on hand to meet immediate production needs with no reserve stock is called:

• A) The no-inventory system.
• B) Physical distribution quality system.
• C) The onesie transaction system.
• D) Just-in-time system.
• E) No stock-out system.

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Definitions:

Early Retirement Incentive Program

A program that offers workers financial incentives to retire early.

Financial Incentives

Monetary rewards offered to workers or organizations to improve their performance and productivity.

Termination

The act of ending or concluding something, commonly used in the context of employment to refer to the cessation of an individual's job.

Discrimination

Unfair treatment or prejudicial attitudes towards individuals or groups based on characteristics such as race, gender, age, or sexual orientation.