The "Just-In-Time" Concept of Inventory Management Is Best Illustrated By

question 90

Multiple Choice

The "just-in-time" concept of inventory management is best illustrated by:

• A)A clothing manufacturer that sells all of its finished goods before they go out of style.
• B)A defense contractor that completes its projects within the deadlines set by its customer (the federal government).
• C)A pharmaceutical firm that consistently brings new products to market ahead of its competitors.
• D)A homebuilder who has its suppliers deliver lumber and other building materials to the building site the night before these materials will be used by the company's construction crews.

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Definitions:

Recent Evidence

The latest data or information that has emerged in a particular field, offering new insights or confirmation of existing theories.

Centered

Focused or concentrated on a specific point or purpose.

Humanlike Properties

Traits or characteristics resembling those of humans, often used in reference to objects, animals, or artificial intelligence.

Myelination

The process of forming a myelin sheath around the nerves, which increases the speed and efficiency of electrical impulses in the nervous system.