All of the Following Are Benefits of Effectively Implementing a JIT

question 93

Multiple Choice

All of the following are benefits of effectively implementing a JIT inventory management systems within manufacturing except

• A)increased customer satisfaction.
• B)less space consumption.
• C)better workflow, fewer bottlenecks.
• D)reduced set- up time.

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Definitions:

Electronic Fund Transfer Act

A United States federal law designed to protect consumers engaging in electronic transfer of funds.

Transactions

The act of conducting business or other dealings between parties whereby goods, services, or something of value is exchanged.

Depositary Bank

A financial institution that holds and manages the securities of a company, facilitating the exchange of securities and ensuring compliance with the regulations.

Check Collection

The process where banks handle checks from the moment they are deposited until the funds are credited to the depositor's account and debited from the check writer's account.