JIT Programs Often Result in Suppliers Bearing Bulk of the Inventory

question 35

True/False

JIT programs often result in suppliers bearing bulk of the inventory costs when the buyer and supplier don't share information and coordinate plans.

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Definitions:

Imports

Goods or services brought into a country from abroad for sale.

Expensive

Describing items or services that require a high financial outlay to purchase relative to their perceived value or compared to alternatives.

Weaker Peso

Refers to a decrease in the value of the peso, the national currency of some countries, against other currencies.

US Imports

Goods or services brought into the United States from other countries for sale or use.