Just-In-Time (JIT) Production Systems

question 19

Multiple Choice

Just-in-time (JIT) production systems:

• A)Require close communications with the engineering department
• B)Do not require close communications with vendors
• C)Require closely controlled inventory levels
• D)Do not require additional monitoring

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Definitions:

Title Passes

The point at which ownership of property or goods is transferred from seller to buyer under the terms of a contract.

Code

A system of principles or rules designed to regulate behavior or conduct in a specific area.

Explicit Agreement

A clear and specific understanding or arrangement defined by express terms, typically in writing or spoken words.

Option To Return

A contractual right allowing one party to return a product, asset, or property to the other party under specified conditions.