Which of the Following Is a Method of Inventory Cost

question 4

Multiple Choice

Which of the following is a method of inventory cost management that seeks to eliminate excess inventory?

• A) lean production
• B) sustainable production
• C) just-in-time production
• D) supply chain simplification

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Definitions:

Conscientiousness

A personality trait characterized by organization, dependability, diligence, and a strong sense of responsibility towards fulfilling obligations.

Judging Types

Personality characteristics related to preference for structured and planned decision-making approaches.

Self-Concept

refers to the overarching understanding or awareness that individuals have of themselves, including their feelings, thoughts, and abilities.

Complexity

The state of having multiple interconnected parts, leading to difficulties in understanding, designing, or managing systems or products.