In a Manufacturing Company,the "Just-In-Time" Concept of Inventory Management Is

question 12

Multiple Choice

In a manufacturing company,the "just-in-time" concept of inventory management is best illustrated by:

• A)Receiving deliveries of materials from suppliers just before the materials are used in the production process.
• B)Completing the manufacturing process just before the deadline established by the customer.
• C)An automated factory that reduces production time below that of other companies in the industry.
• D)Selling finished products before they go out of style.

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Definitions:

Solid Waste

Non-liquid, non-soluble materials ranging from municipal garbage to industrial wastes that can create significant pollution and health risks.

North America

A continent located in the northern hemisphere and almost entirely in the western hemisphere, encompassing countries such as the United States, Canada, and Mexico.

Pollution Prevention Pays

A principle that emphasizes the economic benefits of reducing or eliminating waste and pollutant production at the source, rather than dealing with their consequences later.

3M Company

An American multinational conglomerate known for its range of products including adhesives, abrasives, and laminates.