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The JIT Concept Will Not Work Without the Proper Environment

question 106

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The JIT concept will not work without the proper environment.Which one of the following characteristics is most common to firms that have successfully implemented a JIT system?


Definitions:

True Population Value

The actual value of a parameter (e.g., mean, proportion) for the entire population being studied, which research attempts to estimate.

Probability

A measure of the likelihood that an event will occur, represented numerically between 0 (impossible) and 1 (certain).

Reactivity

The phenomenon in which the presence of an observer or the awareness of being observed alters the behavior of those being observed.

Reliability

The consistency of a measure or instrument, such that it yields the same results under consistent conditions across multiple trials.

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