Which of the Following Is NOT an Advantage of Just-In-Time

question 49

Multiple Choice

Which of the following is NOT an advantage of just-in-time inventory management?

• A) Surplus inventory is maintained to prevent production shut-down in case of supply interruption
• B) Lower inventory levels reduce storage cost
• C) Inventory kept for shorter periods of time reduces the amount of goods that become obsolete
• D) Reduce the amount of insurance needed for lower levels of inventory

---

Definitions:

Null Hypotheses

A statement in statistical analysis that proposes there is no significant difference or effect, used as a starting point for testing.

Sick Leave

Authorized absence from work granted to employees when they are ill or unable to work due to health-related issues.

Incentive Program

A strategy or plan designed to motivate and encourage specific behaviors or actions from a group of people, often through rewards.

P-Value

The probability of obtaining test results at least as extreme as the ones observed during the test, assuming that the null hypothesis is correct.