The Primary Advantage of a Just-In-Time Inventory System Is

question 110

Multiple Choice

The primary advantage of a just-in-time inventory system is:

• A) The amount of money tied up in inventory is minimized.
• B) Customers are afforded a wider selection of goods available for immediate delivery.
• C) The company is able to use the specific cost identification method of inventory pricing.
• D) The risks of losing sales opportunities or of having to shut down manufacturing operations because of inventory shortages are minimized.

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Definitions:

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