The Japanese inventory system that minimizes inventory costs and provides those inputs as they are needed for a particular production run is called the ______ system.
A)perpetual inventory
B)materials requirement
C)controlled assembly
D)raw materials coordination
E)just-in-time

Question

Quizplus · Accepted Answer

The correct answer is E) just-in-time. The just-in-time (JIT) inventory system is a management strategy that aligns raw-material orders from suppliers directly with production schedules. It aims to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.

The Japanese Inventory System That Minimizes Inventory Costs and Provides