Which of the Following Is Not a Key Feature of a JIT

question 11

Multiple Choice

Which of the following is not a key feature of a JIT inventory system?

• A)Quality and reliable suppliers
• B)Adequate safety stock
• C)Well-trained employees
• D)Customer demand pulls the system

Understand the purpose and preparation of unadjusted and adjusted trial balances.

Learn the financial reporting and disclosure requirements for dividends and earnings per share.

Understand the components and general perspectives of motivation.

Analyze the relationship between participation, motivation, and the availability of information.

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Definitions:

Time Series

A forecasting technique that uses a series of past data points to make a forecast.

Cycles

Patterns in the data that occur every several years.

Random Variations

Unpredictable fluctuations in data or processes that do not follow a discernible pattern or trend.