Just-in-time inventory management JIT is an inventory strategy that focuses on
A)Performance measures.
B)Reducing waste and inefficiency.
C)Getting the right product to the right location at the right price.
D)None of these ans choices are correct.

Question

Quizplus · Accepted Answer

JIT is a strategy aimed at reducing inventory waste and inefficiencies by producing and delivering products just in time for their immediate use or sale, minimizing the need for excess inventory storage. Performance measures and getting the right product to the right location at the right price may be part of the overall strategy, but they are not the primary focus of JIT.

Just-In-Time Inventory Management JIT Is an Inventory Strategy That Focuses