Which of the Following Is Not a Key Feature of a JIT

question 53

Multiple Choice

Which of the following is not a key feature of a JIT system?

• A)Purchases of materials in relatively large amounts (i.e., lot sizes).
• B)A smooth, uniform production rate.
• C)Total quality control.
• D)Multi-skilled workers and flexible production facilities.
• E)A pull method of coordinating steps in the production process.

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Definitions:

Money Supply

Money supply is the total amount of monetary assets available in an economy at a specific time, including cash, coins, and balances held in checking and savings accounts.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage rate of the loan outstanding.

Money Supply

The complete total of assets in monetary form within an economy at a certain moment.

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, paid to the lender.