Adoption of the just-in-time inventory system requires:
A)the elimination of raw materials wherever possible.
B)an emphasis on work in progress.
C)a reduction in the business's finished goods.
D)close cooperation with suppliers.

Question

Quizplus · Accepted Answer

The adoption of just-in-time inventory system requires close cooperation with suppliers to ensure that the necessary materials and components are available when needed. This system focuses on reducing inventory levels, so it is important for suppliers to be able to provide items quickly and reliably to meet demand. A reduction in the business's finished goods is a goal of the system, but it is not a requirement for adoption. Elimination of raw materials or an emphasis on work in progress may be part of the overall strategy, but they are not necessary components of the just-in-time inventory system.

Adoption of the Just-In-Time Inventory System Requires