Just-In-Time Inventory Systems

question 27

Multiple Choice

Just-in-time inventory systems

• A) are used only by manufacturing firms.
• B) are implemented primarily by the manufacturing function.
• C) have components arrive at a manufacturing plant just in time to enter the production process.
• D) are valuable when there is a labor dispute with a key supplier.
• E) always keep extra inventory on hand for emergencies.

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Definitions:

Alcohol Consumption

Alcohol consumption refers to the drinking of alcoholic beverages and can range from moderate use to heavy or problematic drinking, impacting health and social behavior.

Theory of Reasoned Action

A theory that predicts an individual's behavior based on their intention to perform the behavior, which is influenced by their attitudes toward the behavior and normative social pressures.

LaPiere

A researcher known for a study on attitudes versus actions in the context of prejudice and discrimination in the early 20th century.

Theory of Planned Behaviour

A psychological theory that links beliefs and behavior, suggesting that an individual's behavior is determined by their intention to perform the behavior, which is, in turn, influenced by their attitudes, subjective norms, and perceived behavioral control.