A system where inventory items arrive when they are needed in the production process instead of being stored in stock is called:
A)inventory control.
B)just-in-time inventory.
C)strategic planning.
D)production scheduling.
E)material requirement planning.

Question

Quizplus · Accepted Answer

Just-in-time inventory is a system where inventory items arrive when they are needed in the production process instead of being stored in stock. This system is based on a close relationship with suppliers, who are responsible for delivering the materials just in time for production. Just-in-time inventory helps to reduce waste, improve efficiency, and minimize costs.

A System Where Inventory Items Arrive When They Are Needed