A Major Cost Savings from Just-In-Time Inventory Systems Comes from

question 99

Multiple Choice

A major cost savings from just-in-time inventory systems comes from

• A) a shift in focus away from quality.
• B) increasing productivity of workers.
• C) speeding up inventory turnover.
• D) creating a buffer stock of inventory.
• E) writing off excess unsold inventory against earnings.

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Definitions:

Financial Stability

The condition of having a stable financial situation, where income consistently meets or exceeds expenses.

Social Cognitive Career Theory

A theory that focuses on how individuals' beliefs in their own capabilities affect their career paths, choices, and performance.

Barriers

Obstacles or impediments that hinder progress or prevent the achievement of a goal.

Career Choices

The decisions individuals make about their professional paths, including the selection of jobs and careers based on various factors.