The only disadvantage of JIT purchasing is the higher levels of carrying and inspection costs.

Name: The only disadvantage of JIT purchasing is the higher levels of carrying and inspection costs.
Brand: Quizplus
Rating: 4.9 (42 reviews)

Question

Quizplus · Accepted Answer

The statement is incorrect. The advantages of JIT purchasing include lower carrying costs and reduced inventory levels. Inspection costs may be higher initially for JIT purchasing but can be mitigated through working closely with suppliers to improve quality and reduce defects.

The Only Disadvantage of JIT Purchasing Is the Higher Levels