Darcy's Dress Emporium has adopted an inventory system that reduces the amount of time between the recognition that an order needs to be placed and the arrival of the needed merchandise at the store, available for sale. This increases product availability and lowers inventory investment. These benefits are attributed to the ________ system.

Question

Quizplus · Accepted Answer

The benefits described in the statement are characteristic of just-in-time (JIT) inventory systems. JIT aims to reduce the amount of time between placing an order and receiving the merchandise, thereby reducing inventory costs and increasing product availability.

Darcy's Dress Emporium Has Adopted an Inventory System That Reduces