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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Definitions:

Blood Flow

The continuous circulation of blood through the heart and blood vessels, which delivers nutrients and oxygen to and removes waste products from all parts of the body.

Vascular Disease

A class of health conditions that affect the circulatory system, including the arteries, veins, and capillaries, leading to various complications like heart disease and stroke.

Neurocognitive Disorder

A category of mental health disorders that primarily affect cognitive abilities including learning, memory, perception, and problem-solving.

Strokes

Medical conditions occurring when the blood supply to part of the brain is interrupted or reduced, leading to brain tissue damage or death.