Which Is Not Correct for Just-In-Time (JIT)methods

question 29

Multiple Choice

Which is not correct for just-in-time (JIT) methods?

• A)JIT attempts to obtain materials just in time for production and to provide finished goods just in time for sale.
• B)JIT reduces,or potentially eliminates,inventories and the cost of carrying them.
• C)JIT compels workers to immediately correct a process making defective units.
• D)JIT relies on cheap,low quality materials from multiple suppliers,to meet production objectives.

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Definitions:

Equal Incentives

Involves providing the same rewards or bonuses to all employees or members of a group to ensure fairness and motivation across the board.

Standard Error

The standard deviation of the sampling distribution of a statistic, often used as a measure of variability.

Confidence Interval

An extent of values, based on sample statistics, that is likely to capture the essence of an undisclosed population parameter.

Sample

Subset or portion of a population.