Minimizing inventory by providing an almost continuous flow of items from suppliers to the production facility is referred to as:
A)just-in-time inventory management.
B)flexible scheduling.
C)continuous manufacturing system.
D)contract manufacturing.
E)crowdsourcing.

Question

Quizplus · Accepted Answer

Just-in-time (JIT) inventory management is a strategy aimed at reducing inventory costs by delivering materials and products only as they are needed in the production process, thereby minimizing inventory levels.

Minimizing Inventory by Providing an Almost Continuous Flow of Items