There Are Many Requirements for the Successful Implementation of the JIT

question 9

Multiple Choice

There are many requirements for the successful implementation of the JIT system of production.Which one of the following is not such a requirement of the JIT system?

• A) uniform assembly schedule
• B) short setup time
• C) low machine failure and low defects
• D) substantial natural resources

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Definitions:

Investor

Someone or a group that puts money into ventures aiming for a return in terms of finance.

Compounded Semi-Annually

Refers to the process where interest is added to the principal balance of an investment, loan or deposit twice a year.

Compounded Quarterly

Interest calculation method where the interest is added to the principal every quarter, affecting the calculation for subsequent quarters.

Principal

The initial amount of money borrowed or invested, excluding any interest or dividends.