Which of the Following Statements About a Just-In-Time Strategy Is

question 81

Multiple Choice

Which of the following statements about a just-in-time strategy is true?

• A) Retailers using this strategy allow suppliers to maintain ownership of inventory within their warehouses or stores until items are scanned at the point of sale.
• B) Companies using this strategy allow suppliers to manage the manufacturer's inventory levels based on pre-established service levels.
• C) Companies using this strategy maintain large inventories of supplies, parts, warehousing resources, and extra workers to meet production contingencies.
• D) Companies using this strategy try to optimize their ordering quantities such that parts or raw materials arrive just when they are needed for production.
• E) A manufacturer or retailer using this strategy shares real-time sales data with suppliers who maintain inventory levels based on preestablished agreements.