A Company That Uses a Just-In-Time Inventory System

question 123

Multiple Choice

A company that uses a just-in-time inventory system:

• A) has finished goods inventory on hand at all times in order to speed up shipments of customer orders.
• B) may find that having less inventory actually leads to increased customer satisfaction.
• C) assesses its value chain to create new value-added activities.
• D) adopts a systematic, problem-solving attitude.

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Definitions:

Contentious Issues

Topics or matters that provoke debate or disagreement among parties or individuals due to differing opinions or interests.

Task Functions

Specific actions and activities directed towards the achievement of group or team objectives.

Meeting Maintenance

The activities involved in preserving the productivity and organization of a meeting, including time management and resolution of technical issues.

Influence

The ability to influence the personality, growth, or actions of a person or object.