Describe Just-In-Time (JIT)inventory Systems

question 39

Essay

Describe just-in-time (JIT)inventory systems.

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Definitions:

Contextual Stimuli

Environmental or situational factors that can influence individuals' perception, behavior, or emotional response in a given context.

Focal Stimuli

Specific factors, situations, or stimuli within the environment that directly influence an individual's response or behavior in a particular context.

Self-Awareness

The conscious knowledge of one’s own character, feelings, motives, and desires, key to personal development and interpersonal relationships.

Adaptive Efforts

Efforts made by individuals or systems to change or modify themselves in response to changing environmental or internal demands to maintain stability.