Which One of the Following Statements Is True Regarding JIT

question 24

Multiple Choice

Which one of the following statements is true regarding JIT inventory?

• A) It exists just in case something goes wrong.
• B) It is the minimum inventory necessary to keep a perfect system running.
• C) It hides variability.
• D) It is minimized with large lot production.
• E) It increases if setup costs decrease.

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Definitions:

Identity Crisis

A period of uncertainty and confusion in an individual’s life when one's sense of identity becomes insecure, typically due to a change in their expected aims or role in society.

Role Confusion

A situation where an individual is unsure about the expectations of a particular role they are to play in society, often leading to a sense of uncertainty about their identity.

Identity

The qualities, beliefs, personality, looks, and/or expressions that make a person (self-identity) or group (particular social category or social group).

Moral Reasoning Ability

The capacity to understand right from wrong and to reason about how to resolve ethical dilemmas.