Just-In-Time Inventory Management (JIT) Is an Inventory Strategy That Focuses

question 5

Multiple Choice

Just-in-time inventory management (JIT) is an inventory strategy that focuses on

• A)performance measures.
• B)reducing waste and inefficiency.
• C)getting the right product to the right location at the right price.
• D)getting the product produced at any cost.

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Definitions:

Thyroid

A butterfly-shaped gland located in the neck that produces hormones regulating metabolism, energy generation, and growth.

Healthy Thyroid

A state in which the thyroid gland functions properly, producing the right amount of thyroid hormones necessary for regulating metabolism.

ATP

Adenosine triphosphate, a molecule that carries energy within cells, facilitating various cellular processes.

Cellulose

A complex carbohydrate or polysaccharide that forms the primary structural component of plant cell walls.