Just-In-Time (JIT)inventory Focuses on Efficient and Effective Supply to Customers

question 40

Multiple Choice

Just-in-time (JIT) inventory focuses on efficient and effective supply to customers.This is very similar to the concept of:

• A)off-peak pricing.
• B)idle production capacity.
• C)gap analysis.
• D)capacity management.

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Definitions:

Duration

The length of time that something continues or exists.

First Marriages

The initial legally recognized union between two individuals as spouses, before any potential subsequent marriages.

Redivorce

The act of divorcing for a second or subsequent time, following a previous divorce or divorces.

Marital Dissatisfaction

A state wherein one or both partners in a marriage feel discontent and unfulfilled by their relationship.