One of the traditional reasons for holding inventory is to avoid shutdowns due to unavailability of materials.The JIT solution is to
A) reduce setup costs.
B) reduce lead time.
C) use total preventive maintenance.
D) use long-term contracts with suppliers.
Correct Answer:
Verified
Q5: JIT reduces lead times to meet delivery
Q40: Waterhouse Company decreased the size of inventory
Q49: With JIT manufacturing, finished goods inventories are
A)
Q62: One of the traditional reasons for holding
Q65: Strategic objectives of JIT include
A) increasing profits.
B)
Q66: One of the traditional reasons for holding
Q77: One of the traditional reasons for holding
Q78: The objectives of JIT are achieved by
A)controlling
Q86: A marker or card that specifies the
Q94: A marker or card that signals to
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