A financial benefit of a just-in-time system is that inventory carrying costs are reduced.

Name: A financial benefit of a just-in-time system is that inventory carrying costs are reduced.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Just-in-time system helps in reducing inventory carrying costs by ensuring that goods are produced or received only when they are needed, which reduces the need for storage space, handling, and tracking. This results in lower inventory carrying costs for the company.

A Financial Benefit of a Just-In-Time System Is That Inventory