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Match Each Term with a Statement Below

question 1

Multiple Choice

Match each term with a statement below.

-Sends an Exception object out of the current code block or method so it can be handled elsewhere


Definitions:

Just-In-Time Inventory

An inventory management strategy that aligns raw-material orders with production schedules to minimize inventory costs and reduce waste.

Vendor-Managed Inventory

A supply chain management strategy where the supplier is responsible for maintaining the inventory levels at the buyer's premises.

Vendor-Managed Inventory

A supply chain initiative where the supplier assumes the responsibility of managing inventory levels for the customer.

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