With JIT Manufacturing, Finished Goods Inventories Are

question 106

Multiple Choice

With JIT manufacturing, finished goods inventories are

• A)kept high to avoid stockouts.
• B)held in various locations for faster delivery to customers.
• C)immaterial.
• D)kept high to let the company take advantage of volume discounts.

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Definitions:

Mirror-Image Perceptions

A concept in interpersonal relations where two parties see each other in opposing ways, often leading to miscommunication and conflict.

Reciprocity Norm

A social norm that prescribes individuals to help those who have helped them.

Deindividuation

A psychological state characterized by lowered self-consciousness, diminished social identity, and disinhibited behavior, often occurring within groups.

Gallup Surveys

Public opinion polls conducted by Gallup, a research-based, global performance-management consulting company.