Why Is It Especially Important for Organizations That Use Just-In-Time

question 74

Multiple Choice

 Why is it especially important for organizations that use just-in-time inventory to have reliable suppliers? 

• A)Reliable buyers are favored because the buyers do not have a reserve inventory to draw on in case of receiving late or poor-quality supplies.
• B) Organizations that use just-in-time inventory can get discounted prices from reliable suppliers who want to make quick sale.
• C) Since just-in-time inventory systems cannot be upgraded to modified rebuys, the need for a reliable supplier is essential.
• D) Reliable suppliers offer better quality goods even though they are often late in delivering them.

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Definitions:

ICD-10-CM

International Classification of Diseases, Tenth Revision, Clinical Modification; a system used by physicians and healthcare providers to code and classify all diagnoses, symptoms, and procedures recorded in conjunction with hospital care in the U.S.

Numeric Or Alpha

Refers to data that can be represented as numbers (numeric) or letters (alpha).

ICD-9-CM

International Classification of Diseases, Ninth Revision, Clinical Modification, a system used in the United States until 2015 to code and classify morbidity data from inpatient and outpatient records, including physician offices.

ICD-10-CM

The International Classification of Diseases, Tenth Revision, Clinical Modification; a system used for coding and classifying diagnoses and procedures associated with hospital utilization in the United States.