Which of the Following Statements About Just-In-Time Strategies Is True

question 51

Multiple Choice

Which of the following statements about just-in-time strategies is true?

• A) Retailers using this strategy allow suppliers to maintain ownership of inventory within their warehouses or stores until items are scanned at the point of sale.
• B) Companies using this strategy allow the suppliers to manage the manufacturer's inventory levels based on preestablished service levels.
• C) Companies using this strategy maintain large inventories of supplies,parts,warehousing resources,and extra workers to meet production contingencies.
• D) Companies using this strategy are trying to optimize their ordering quantities such that parts or raw material arrive just when they are needed for production.
• E) The manufacturer or retailer using this strategy shares real-time sales data with their suppliers,who maintain inventory levels based on preestablished agreements.

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