Advantages of just-in time inventory management are all of the following, except:
A) It makes the firm more independent of external suppliers
B) It minimises inventory insurance costs
C) It decreases the space needed for inventory storage
D) It increases manufacturing flexibility
Correct Answer:
Verified
Q19: Physical inspections at every point of the
Q20: Under a total quality management approach entities
Q21: In relation to the drum-buffer-rope concept that
Q22: The just-in-time inventory system is considered a:
A)
Q23: The statement concerning the theory of constraints
Q25: Under TOC a constraint that is a
Q26: Which of these is not associated with
Q27: Which of these is not a benefit
Q28: Lean accounting is based on the philosophy:
A)
Q29: The statement concerning lean accounting that is
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