Which of the following are strategic objectives of JIT?
A)increasing inventory
B)improving a firm's competitive position
C)increasing inventory cost
D)improving a firm's non-value-added activities

Question

Quizplus · Accepted Answer

JIT aims to improve a firm's competitive position by reducing waste, minimizing inventory, and increasing efficiency. Increasing inventory and inventory cost are not strategic objectives of JIT, and improving non-value-added activities is contrary to the idea of reducing waste.

Which of the Following Are Strategic Objectives of JIT