A Supplier to a Company Using JIT II

question 152

Multiple Choice

A supplier to a company using JIT II

• A) will incur increased invoicing and payment costs but will get higher prices.
• B) will be able to sell directly to the engineering department of the customer.
• C) must be very flexible to incur the dramatic swings in requirements from the customer.
• D) enjoys a savings in personnel costs because the in-plant representative is employed by the customer.

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Definitions:

Conservation

In psychology, it's the understanding that quantities remain the same even when they are arranged or shaped differently, a concept developed by Jean Piaget.

Irreversibility

The inability to mentally reverse a sequence of events or logical operations back to the starting point.

Centration

A cognitive limitation in early childhood development, where a child focuses on one aspect of a situation or object, ignoring other relevant aspects.

Conservation

The act of preserving, protecting, or restoring natural environments, artifacts, and cultural heritages from deterioration or destruction.