Which of the Following Correctly Describes Just-In-Time (JIT)inventory Management

question 153

Multiple Choice

Which of the following correctly describes just-in-time (JIT) inventory management?

• A)It is a production approach that maintains surplus goods at each stage of manufacture.
• B)It is an inventory purchase approach that seeks purchase discounts on buying large quantities.
• C)It is a cost management approach that focuses on maintaining lean inventory levels.
• D)It is an inventory approach which stockpiles raw materials to protect against supply interruptions.

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Definitions:

Treynor-Black Model

A portfolio optimization model that blends a passive and an active portfolio for potential risk-adjusted returns superior to the market.

Alpha Coefficient

A measure of the performance on a risk-adjusted basis, calculating how much a portfolio or investment has returned in comparison to the overall market or a benchmark index.

Beta Coefficient

An indicator of how much a stock's price fluctuates in comparison to the general market, representing its risk relative to the market norm.

Treynor-Black Model

A portfolio optimization model that blends passive and active management strategies to try to achieve excess returns with an acceptable level of risk.