Just-in-time inventorys often referred to
A) supply-chain management
B) as lean manufacturing because waste of "fat" is minimized.
C) operations management.
D) as custom manufacturing.

Question

Quizplus · Accepted Answer

Just-in-time inventory is a strategy that aligns raw-material orders from suppliers directly with production schedules. It is often referred to as lean manufacturing because it minimizes waste or "fat" in the production process by receiving goods only as they are needed in the production process, thereby reducing inventory costs.

Just-In-Time Inventorys Often Referred to