William Attends a Seminar on Just-In-Time Inventory Management

question 22

Multiple Choice

William attends a seminar on just-in-time inventory management. Excited about the idea, he returns to his office at Atlanta Auto Supply to start designing such an inventory system. Which of the following steps must William take as he institutes this change?

• A)Increase safety stock
• B)Raise the reorder point
• C)Reduce customer service standard
• D)Increase order frequency
• E)Reduce estimates of inventory turnover rate

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