Which of the Following Is Generally Not Accepted as a JIT

question 36

Multiple Choice

Which of the following is generally not accepted as a JIT action, when a manufacturer took the following actions to reduce inventory?

• A) inventory in transit has been reduced
• B) a pull system was introduced to move inventory
• C) production of smaller lots was introduced
• D) the lowest priced, based on quantity discounts, supplier is chosen

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Definitions:

Heuristic

A mental shortcut that allows people to solve problems and make judgments quickly and efficiently.

Brand Loyalty

The tendency of consumers to continuously purchase one brand's products over another's due to satisfaction with the product and a good experience with the brand.

Conjunctive Rule

A decision rule used in consumer behavior that entails choosing items that meet all of a predetermined set of criteria.

Weighted Additive Rule

This rule is a decision-making strategy where alternatives are evaluated by multiplying each attribute's importance weight by its quantitative value, then summing these products to determine the best option.