Just-In-Time Inventory Systems

question 23

Multiple Choice

Just-in-time inventory systems

• A) are used when procurement is not organized.
• B) require large warehouses for storage.
• C) economize on inventory holding costs.
• D) maintain large buffer for inventory.

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Definitions:

Sea Ice

A frozen seawater layer that forms and floats on the surface of the polar oceans, playing a crucial role in regulating Earth's climate.

Polar Bears

Large carnivorous bears found in the Arctic, well adapted to cold environments with their thick fur and fat.

Odorless Gases

Gases that lack a detectable smell, and can be natural or manufactured, with some posing health risks if inhaled in sufficient concentrations.

CFCs

Chlorofluorocarbons, a class of chemicals used in refrigerants and aerosols, which have been found to deplete the ozone layer.