Which of the Following Is an Advantage of Just-In-Time Systems

question 87

Multiple Choice

Which of the following is an advantage of just-in-time systems?

• A)Improved brand value
• B)Increased market share
• C)Restricted distribution intensity
• D)Intensified distribution
• E)Decreased inventory investment

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Definitions:

Grading

The process of categorizing products based on quality, size, or other characteristics to meet specified standards.

Logistical Function

Logistical function involves planning, implementing, and controlling the efficient and effective forward and reverse flow and storage of goods, services, and related information from point of origin to point of consumption.

Hardware Store

A retail establishment selling tools, building materials, and supplies for home improvements, repairs, and maintenance.

Refinishing Table

The process of restoring the surface of a table to its original or new condition through sanding, painting, staining, or applying a protective coating.