Which of the Following Statements About the Just-In-Time (JIT)system Is

question 71

Multiple Choice

Which of the following statements about the just-in-time (JIT) system is true?

• A)The JIT system is used in situations where inventory will be stored over significant periods of time.
• B)The JIT system raises inventory costs.
• C)The JIT system is used in situations where demand and forecasting are reliable.
• D)When using the JIT system, a firm should protect itself against uncertainty by maintaining a reserve inventory at production and stocking points.

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