The Genfin Company does not want to pay for warehouse space for the parts it
Needs to assemble its products.It has arranged with all of its suppliers to deliver
The parts on a precise timetable, with the times varying somewhat with Genfin's
Production schedule.This arrangement is an example of

Question

Quizplus · Accepted Answer

The arrangement described in the scenario is an example of just-in-time delivery, where suppliers deliver parts on a precise schedule to align with Genfin's production schedule. This allows Genfin to avoid the cost of warehouse space while still ensuring they have the parts they need exactly when they need them.

The Genfin Company Does Not Want to Pay for Warehouse