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:

Customer Service

The assistance and advice provided by a company to those people who buy or use its products or services.

Positions

The roles or designations within an organization or structure, defining responsibilities and authority.

Performance Assessment

The process of evaluating the efficiency, effectiveness, and productivity of an employee or a team.

Past Performance

Historical record of an individual's or organization's achievements, behaviors, and contributions.