In a Just-In-Time Inventory System, Suppliers

question 217

Multiple Choice

In a just-in-time inventory system, suppliers:

• A) deliver materials and parts in large quantities only a few times a year.
• B) enjoy much lower delivery costs.
• C) have a great deal of flexibility in determining when to make deliveries.
• D) become more like a department in the producing firm rather than a separate business.

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Definitions:

Larger Stadium

A sports or event venue with a larger capacity for accommodating more spectators.

Consumer Advocacy

The act of protecting consumers' interests, especially by lobbying for rights and standards in the goods and services offered to them.

Mean Temperature

The average temperature calculated over a specified time period, typically derived by summing the temperatures over that period and dividing by the number of measurements.

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Appliances used for keeping food and drinks cold, they work by removing heat from the interior and expelling it to the environment outside.