Which of the Following Is NOT a Major Objective of JIT

question 81

Multiple Choice

Which of the following is NOT a major objective of JIT production?

• A) increasing stop-and-go production
• B) reducing goods in process
• C) complying with schedules
• D) eliminating disruptions by continuous improvement
• E) reducing inventory levels

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Definitions:

Usury Statute

Laws regulating the maximum interest rate that can be charged on loans, to protect borrowers from excessively high rates.

Engaging

Captivating or holding someone's interest or attention.

Unenforceable

A term that describes a contract or clause that cannot be legally enforced or compelled in court.

Usurious Interest

refers to the charging of excessively high or illegal rates of interest on loans.