Large Cost Savings from Reduced Inventories and Labor Savings by Needing

question 120

True/False

Large cost savings from reduced inventories and labor savings by needing fewer workers to handle inventory can be driving forces associated with the implementation of just-in-time inventory control systems.

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Definitions:

Conifers

A group of cone-bearing seed plants with vascular tissue, mostly evergreens, that include pines, spruces, and firs.

Age

A measurement of the length of time an individual, organism, or object has existed, typically expressed in units such as years, months, or days.

Twig

A small, slender branch of a tree or shrub, often representing the growth of the current or previous year.

Xylem

Tissue in plants responsible for the transport of water and nutrients from the roots to the leaves and stems.