A JIT Inventory System Is Likely to Result In

question 112

Multiple Choice

A JIT inventory system is likely to result in:

• A) a buffer stock of inventory.
• B) additional inventory holding costs.
• C) increased inventory turnover.
• D) decreased service levels.
• E) slower identification of defective inputs.

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Definitions:

Colonization Process

The action or process of settling among and establishing control over the indigenous people of an area.

Observational Learning

The process of acquiring knowledge and skills by observing and imitating others.

Fads

Short-lived trends or crazes that gain rapid popularity and then fade quickly.

Fashions

Trends or styles in clothing, accessories, or behavior that are popular at a particular time and place.