The just-in-time management system results in an increase in the costs to buy,store,insure,and move inventory.

Question

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The just-in-time management system is designed to minimize inventory costs by reducing the need for buying, storing, insuring and moving inventory. It relies on a more efficient and precise supply chain that delivers materials and products only when they are needed, as opposed to stocking up on excess inventory. Therefore, it actually results in a decrease in costs associated with inventory.

The Just-In-Time Management System Results in an Increase in the Costs