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

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Definitions:

Randomly Assigned

A method in experimental design where participants are allocated to various groups in a manner that ensures each has an equal chance of being selected, to increase the validity of the results.

Happiness

A state of well-being characterized by emotions ranging from contentment to intense joy.

Laboratory Experiments

Controlled tests or investigations conducted in a specially equipped setting where variables can be manipulated, observed, and measured to study their effects.

Quasi-Experiments

Research designs that attempt to evaluate cause-and-effect relationships but lack the full control or randomization of true experimental designs.