Megan wants to start a company that makes handmade products. She has limited capital, and she does not want to spend it on maintaining a large inventory of raw materials. She plans to maintain only two weeks' worth of stock of finished goods as she does not want to end up with a large inventory of products that may not sell. Which of the following production systems would be most suitable for Megan's company?
A) The push system of inventory control
B) The mass production system
C) The just-in-time production system
D) The continuous production system

Question

Quizplus · Accepted Answer

The just-in-time production system is suitable for Megan's company as it minimizes inventory costs by producing goods only as they are needed, aligning with her desire to maintain minimal inventory.

Megan Wants to Start a Company That Makes Handmade Products