Just-In-Time Systems Are Used to Economize on Inventory Holding Costs

question 101

True/False

Just-in-time systems are used to economize on inventory holding costs by having materials arrive at a manufacturing plant just in time to enter the production process and not before.

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Definitions:

Authenticate

The process of verifying the identity of a user or device, often as a security measure.

Fingerprints

Unique patterns found on the tips of human fingers, used for identification purposes due to their distinctiveness to each individual.

Intranet

A private network accessible only to an organization's staff, often containing company-specific tools and resources.

Transport Layer Security

A cryptographic protocol designed to provide secure communication over a computer network.