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

question 105

Multiple Choice

Which of the following correctly describes Just-in-Time (JIT) 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 that stockpiles raw materials to protect against supply interruptions.

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Definitions:

Assistance

The act of helping or providing support to others, often to overcome difficulties or achieve certain tasks.

Acquisitive Stage

According to Schaie, the first stage of cognitive development, encompassing all of childhood and adolescence, in which the main developmental task is to acquire information.

Cognitive Development

The process of growth and change in intellectual/mental abilities such as thinking, reasoning, and understanding across the lifespan.

K.Warner Schaie

A psychologist known for his work on adult cognitive development, particularly the stages of cognitive change that adults undergo as they age.