One Potential Problem with Just-In-Time Systems Is the Added Risk

question 48

True/False

One potential problem with just-in-time systems is the added risk of running out of inventory if demand unexpectedly surges.

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Definitions:

Current Balances

The total amount present in an account at any given time, reflecting all transactions up to that point.

E-commerce

E-commerce refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions.

Retail Sales

The selling of goods and services directly to consumers for personal use.

Transactions

Financial activities involving exchanges of value between two parties, often recorded and tracked in accounting systems.