Just-In-Time Inventory Systems

question 7

Multiple Choice

Just-in-time inventory systems:

• A) are used only by manufacturing firms.
• B) provide a buffer stock of inventory for a company.
• C) are used to reduce inventory holding costs.
• D) save costs by outsourcing inventory management to other companies.
• E) always keep extra inventory on hand for emergencies.

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Definitions:

Deep Acting

An emotional labor strategy where individuals attempt to feel the emotions they are supposed to display, rather than just superficially acting them out.

Internal Emotion

A personal and subjective experience of feeling, which originates inside an individual and can influence their thoughts and behavior.

Fear

A primal emotion experienced in anticipation of some specific pain or danger, often leading to behavioral changes such as fight or flight.

Embarrassment

A feeling of self-consciousness, shame, or awkwardness that arises from a socially uncomfortable situation.