Which of the following represents a method of managing inventory designed to minimize a company's investment in inventories by scheduling materials to arrive at the time they are needed for production?
A)The economic order quantity EOQ)
B)Material resource planning MRP)
C)First-in, first-out FIFO)
D)Just-in-time JIT)

Question

Quizplus · Accepted Answer

Just-in-time JIT )

Which of the Following Represents a Method of Managing Inventory