Under the just-in-time management system,________.
A)a company's storage costs increase
B)a company's inventory insurance costs increase
C)the floor space available for production increases
D)the risk of the inventory becoming obsolete increases

Question

Quizplus · Accepted Answer

Just-in-time management system minimizes inventory levels and moves materials and products through the manufacturing process as quickly as possible. This reduces the need for large warehousing space, thereby increasing the floor space available for production.

Under the Just-In-Time Management System,________