Which One of the Following Is an Advantage of Just-In-Time

question 144

Multiple Choice

Which one of the following is an advantage of just-in-time (JIT) systems?

• A) JIT systems reduce equipment needs by using larger lot sizes.
• B) JIT systems can be implemented in any production environment.
• C) JIT systems result in a decrease in safety stock and work-in-process inventory.
• D) JIT systems result in an increase in manufacturing lead times.

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Definitions:

Ordinary Care

The level of caution and attention to duty that a reasonable person would employ in similar circumstances, often relevant in negligence cases.

Bailment

The act of temporarily placing control over, or possession of, personal property by one person into the hands of another, under agreement.

Reasonable Care

A legal standard implying that a person or entity should act with the caution and prudence that a reasonable person would use in similar circumstances.

Conditional Gift

A gift given with specific conditions attached, which must be fulfilled for the gift to be fully transferred to the recipient.