One of the Traditional Reasons for Holding Inventory Is to Minimize

question 38

Multiple Choice

One of the traditional reasons for holding inventory is to minimize total carrying costs and setup costs. The JIT solution is to

• A)reduce setup costs.
• B)reduce lead time.
• C)use total preventive maintenance.
• D)use total quality control.

---

Definitions:

Actively Seeking Employment

The state of being engaged in activities aimed at finding employment, such as submitting job applications, attending interviews, and networking.

Immigration Laws

Legal statutes and regulations that govern who can enter, stay, and work within a country.

Foreign-Born Workers

Individuals employed in a country other than where they were born, contributing to the diversity of the workforce.

Qualified Technical Workers

Employees who have the necessary technical skills, knowledge, and qualifications to perform specific, specialized jobs.