Since its objective is to minimize inventory investment, a Just-in-Time (JIT) system uses no, or very few, safety stocks.

Name: Since its objective is to minimize inventory investment, a Just-in-Time (JIT) system uses no, or very few, safety stocks.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

A JIT system aims to produce the exact amount of products needed at the time they are needed, thus minimizing the need for safety stocks. This helps reduce inventory investment and improve efficiency.

Since Its Objective Is to Minimize Inventory Investment, a Just-In-Time