Just-In-Time Inventory Management (JIT) Is an Inventory Strategy That Focuses

question 5

Multiple Choice

Just-in-time inventory management (JIT) is an inventory strategy that focuses on

• A)performance measures.
• B)reducing waste and inefficiency.
• C)getting the right product to the right location at the right price.
• D)getting the product produced at any cost.

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Definitions:

Prefrontal Lobes

Structures of the brain that play a key role in short-term memory, among other functions.

Temporal Lobes

Parts of the brain involved in processing sensory input into derived meanings for the appropriate retention of visual memory, language comprehension, and emotion association.

Long-Term Memory

The memory system that contains all the information that a person has stored over the years.

Parietal Lobes

Regions of the brain located behind the frontal lobes, responsible for processing sensory information related to touch, spatial orientation, and body awareness.