Which of the following is a characteristic of the JIT philosophy?
A)Inventories become a valued asset.
B)Few,large deliveries of orders from suppliers.
C)Suppliers become partners.
D)Queues of WIP inventory are a necessary investment.
E)Large lot sizes to maximize efficiencies.

Question

Quizplus · Accepted Answer

A characteristic of JIT philosophy is that suppliers become partners in the production process, working closely with the manufacturer to ensure timely delivery and quality. This is important for reducing lead times and inventory costs. The other options listed do not align with JIT philosophy - inventories are not valued assets (they are seen as waste), large deliveries are not preferred (small, frequent deliveries are preferred), queues of WIP inventory are not necessary investment (they should be minimized), and large lot sizes are not favored (smaller lot sizes are preferred).

Which of the Following Is a Characteristic of the JIT