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.

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Definitions:

Co-dependency

A psychological condition where a person is excessively emotionally or psychologically reliant on another, especially in cases of addiction or abuse.

Enabling

Behaviors or actions that protect individuals from the consequences of their actions, often contributing to the continuation of problematic behaviors.

Parental Responsibilities

The duties and obligations parents have to ensure the well-being, safety, and proper development of their children.

Hero

An individual admired for their courage, outstanding achievements, or noble qualities, often seen as a role model.