Buying raw materials only as they are needed in the manufacturing process will tend to decrease the inventory period.

Name: Buying raw materials only as they are needed in the manufacturing process will tend to decrease the inventory period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

This approach, known as Just-In-Time (JIT) inventory management, reduces the amount of time raw materials sit in inventory before being used in production, thereby decreasing the inventory period.

Buying Raw Materials Only as They Are Needed in the Manufacturing