Cost Savings from JIT Inventory Management Include(s)

question 1

Multiple Choice

Cost savings from JIT inventory management include(s)

• A) reduced overhead expenses.
• B) lower inventory financing costs.
• C) greater productivity.
• D) all of these.

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Definitions:

Universal

Pertaining to or affecting all members within a given group or category without exception; applicable everywhere or in all cases.

Primary Prevention

Actions taken to prevent the onset of disease or injury before it occurs, by removing or reducing disease risk factors.

Prevention Initiatives

Programs or strategies designed to stop a disease or disorder before it occurs, often through education or health promotion activities.

Ecological Perspective

A viewpoint in social sciences that emphasizes the interplay between individuals and their physical, social, and cultural environments.