Which one of the following characteristics would likely be associated with a just-in-time inventory method?

Question

Quizplus · Accepted Answer

Just-in-time inventory method means that the inventory is received and processed just in time for its use or shipment. Therefore, keeping minimal finished goods inventory on hand is a characteristic that is likely associated with this method. A backlog of inventory orders not yet shipped would indicate a delay in the delivery process, which is not in line with the just-in-time philosophy. Ending inventory of work in process that would allow several production runs or an understanding with customers that they may come to the showroom and select from inventory on hand does not necessarily align with the just-in-time inventory method.

Which One of the Following Characteristics Would Likely Be Associated