Which of the Following Is True of Just-In-Time (JIT)Management

question 153

Multiple Choice

Which of the following is true of Just-in-Time (JIT) Management?

• A) It results in more storage and insurance costs.
• B) It is a system in which the company produces products only after receiving an order.
• C) It promotes surplus inventory to prevent production shut-down in case of supply interruptions.
• D) It requires a surplus inventory of finished goods to ensure timely, or just-in-time, delivery to customers.

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Definitions:

Youngest

This term refers to the most recently formed or last in a sequence, often used in contexts related to geologic formations or the age of geological layers.

Plutoid

A class of dwarf planet farther from the Sun than the orbit of Neptune.

Orbited

Describes the path one object takes around another object due to the gravitational forces between them, commonly used in the context of planets and satellites.

Solar Wind

Solar Wind is a stream of charged particles, including electrons and protons, ejected from the upper atmosphere of the sun, affecting the entire solar system.