Just-In-Time Inventory Management Typically Pushes the Cost of Holding Inventory

question 106

True/False

Just-in-time inventory management typically pushes the cost of holding inventory from the manufacturer to the manufacturer's suppliers.

---

Definitions:

Price Level

The price level is a measure of the average prices of goods and services in the economy at a given time.

Cost of Borrowing

The interest and any other charges incurred by borrowing money.

Open-Market Purchases

The buying of government bonds by a central bank to inject money into the economy and expand economic activity.

Investment

The allocation of resources, usually money, in the expectation of generating an income or profit.