Which of the Following Is a Characteristic of the JIT

question 8

Multiple Choice

Which of the following is a characteristic of the JIT philosophy?

• A) Inventories become a valued asset.
• B) Few, large deliveries of orders from suppliers.
• C) Suppliers become partners.
• D) Queues of WIP inventory are a necessary investment.
• E) All of the choices are correct.

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Definitions:

Life Cycle

A series of stages through which something (such as a product, project, or organism) goes from its beginning to its end, encompassing growth, maturity, and decline phases.

Venture Startup

The initial phase in the creation of a new business or enterprise, involving concept development and the launch of operations.

Internally Driven

Motivated by personal values, desires, or goals rather than external pressures.

Self-starters

Individuals who are motivated and able to begin or continue tasks without external prodding or supervision, often highly valued in entrepreneurial and professional settings.