Which of the Following Statements Relating to Just-In-Time Inventory Is

question 51

Multiple Choice

Which of the following statements relating to just-in-time inventory is not correct?

• A)As soon as goods are completed, they are shipped directly to the customer.
• B)Products are generally completed in small batches in response to customer requests.
• C)Just-in-time is beneficial to all companies that implement it.
• D)No safety stock is kept to protect units found to be defective.

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Definitions:

Graph

A visual representation of data, functions, or equations, typically plotted with an x and y axis to show relationships between different variables.

Ticket Sales

The process of selling admission tickets to events.

Inequality

A mathematical statement indicating that two expressions are not equal, typically involving symbols such as > (greater than), < (less than).

Graph

A diagram representing a system of connections or interrelations among two or more things by a number of distinctive dots, lines, bars, etc.