A Just-In-Time Inventory System Usually Reduces Costs For

question 202

Multiple Choice

A just-in-time inventory system usually reduces costs for:

• A) both the producer and its suppliers.
• B) suppliers, but not the producer.
• C) the producer, but not its suppliers.
• D) neither the supplier nor the producer, though it does lead to more flexibility for both.

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Definitions:

Anorexia Nervosa

An eating disorder defined by an abnormally low body weight, intense fear of gaining weight, and a distorted perception of body weight or shape.

Caucasian

A term historically used to refer to people of European origin or descent; now considered broad and imprecise for describing ethnicity.

Asian-American

Referring to Americans of Asian descent, encompassing a diverse group with roots in many different countries and cultures within Asia.

Latino

People from, or with ancestry in, Latin America, often used interchangeably with Hispanic.