Which of the Following Is NOT a Benefit of a Just-In-Time

question 3

Multiple Choice

Which of the following is NOT a benefit of a just-in-time (JIT) system?

• A)Areas previously used to store inventories are made available for other more productive uses.
• B)Funds that have been tied up in inventories can be used elsewhere.
• C)The time required to fill an order is reduced, resulting in quicker response to customers and consequentially greater potential sales.
• D)Production workers are always busy.

Understand how socioeconomic status influences the heritability of traits like IQ.

Grasp the principles of evolutionary psychology and its application to understanding human behavior and traits.

Identify the role of evolutionary mismatches in contemporary human behavior and traits.

Understand the role and application of Common Law and the theory of precedent in legal decisions.

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Definitions:

Short-Term Assets

Short-term assets, also known as current assets, are assets expected to be converted into cash, sold, or consumed within a year or within the business's operating cycle if longer.

Marginal Tax

The tax rate that applies to the last dollar of the taxpayer's income.

Financial Manager

A professional responsible for managing the financial health of an organization, including planning, directing investment activities, and developing financial strategies.