Which of the Following Is Likely to Be Experienced by Suppliers

question 225

Multiple Choice

Which of the following is likely to be experienced by suppliers using a just-in-time (JIT) delivery system?

• A) They can have facilities far away from their customers.
• B) They need to respond to customer's production schedule.
• C) They need not share information over computer networks.
• D) They cannot make smaller or more frequent deliveries.
• E) They can have long order lead times.

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Definitions:

Capital Stock

The total representation of a company's physical and financial assets that can be used to generate income, including machinery, buildings, and equipment.

Gross Domestic Product

The total market value of all finished goods and services produced within a country in a specific time period.

Illegal Goods

Products or services that are prohibited by law from being produced, traded, or consumed.

Depletion of Natural Resources

The consumption of natural resources faster than they can be replenished, leading to a reduction in their availability over time.