Since Its Objective Is to Minimize Inventory Investment, a Just-In-Time

question 160

True/False

Since its objective is to minimize inventory investment, a Just-in-Time (JIT) system uses no, or very little, safety stocks.

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Definitions:

Alzheimer Disease

A progressive neurodegenerative disorder characterized by cognitive decline, memory loss, and personality changes.

Habituation

Habituation is the process by which there is a decrease in response to a stimulus after being exposed to it repeatedly over time, indicating a form of learning or adaptation.

Sensitization

The process by which a response to a stimulus becomes amplified over time, leading to an increased reaction to a repeated or similar stimulus.

Mania

Disordered mental state of extreme excitement.