Which of the Following Is a Requirement of the Just-In-Time

question 14

Multiple Choice

Which of the following is a requirement of the just-in-time inventory system

• A) low holding costs.
• B) simple production system.
• C) a motivated workforce.
• D) a competitive compensation system.
• E) all of these are requirements of the JIT inventory system.

---

Definitions:

Consumer Optimism

The tendency of consumers to hold positive expectations about the overall economy or their personal financial situation.

Tightwad

Refers to a person who is extremely unwilling to spend money; often perceived negatively.

Social Stratification

A system by which a society ranks categories of people in a hierarchy based on factors like wealth, income, race, education, and power.

Employee Discrimination

Unfair treatment of employees based on race, gender, age, religion, disability, or any other characteristic, rather than their merits or abilities.