Which of the Following Is True Regarding JIT Systems

question 31

Multiple Choice

Which of the following is true regarding JIT systems?

• A) JIT systems do not have backup inventory.
• B) JIT usually entails less frequent deliveries.
• C) JIT requires manufacturers to add new warehouses.
• D) JIT requires suppliers to respond to very short order lead times and the customer's production schedule.
• E) Manufacturers must locate their facilities next to important customers in order to practice JIT.

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Definitions:

Kruskal-Wallis Test

A non-parametric test that is utilized to ascertain if statistically meaningful differences exist among two or more categories of an independent variable concerning a continuous or ordinal dependent variable.

Significance Level

The probability of rejecting the null hypothesis in a statistical test when it is actually true, typically denoted by alpha.

Two-Independent Sample T-Test

A statistical test used to compare the means of two independent groups to determine if there is a statistically significant difference between them.

Wilcoxon Signed Rank Test

The Wilcoxon signed rank test is a nonparametric statistical test used to compare the median of two related samples to determine if there are significant differences between them.