In the Just-in time system, the firm attempts to keep inventory levels to the______ throughout the value chain from raw materials to finished goods
A) Maximum
B) Minimum
C) Zero
D) Negative

Question

Quizplus · Accepted Answer

The Just-in-Time (JIT) system aims to minimize inventory levels throughout the value chain to reduce costs and increase efficiency, without reducing inventory to zero or negative levels.

In the Just-In Time System, the Firm Attempts to Keep