A Disadvantage of a JIT System Is That It

question 56

Multiple Choice

A disadvantage of a JIT system is that it

• A)increases inventory turnover.
• B)reduces inventory holding costs.
• C)ties up much capital in inventory.
• D)leaves no buffer stock in inventory.

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Definitions:

James Marcia

A developmental psychologist noted for his work on adolescent identity formation and his theory of identity statuses.

Adolescents

A phase of life between childhood and adulthood, often marked by rapid physical, emotional, and intellectual changes.

Intimate Groups

Small social groups characterized by close, personal, and enduring relationships.

Adolescent Mothers

Young females, typically in their teens, who are in the stage of having given birth and are navigating the responsibilities of motherhood.