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

question 161

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.