Which of the following is a method of inventory control in which materials are acquired and put into production just as they are needed?
A)Materials requirements planning (MRP)
B)Just-in-time (JIT)production system
C)Flexible manufacturing system (FMS)
D)Batch processing system (BPS)
E)Lean manufacturing production system (LMPS)

Question

Quizplus · Accepted Answer

The Just-in-time (JIT) production system is a method of inventory control where materials are acquired and put into production just as they are needed, minimizing inventory costs and reducing waste.

Which of the Following Is a Method of Inventory Control