Just-in-time inventory systems assumes
A) The design of the product is optimal and that the machines are in good shape
B) The company has a large warehouse
C) The infrastructure in the country is efficient
D) The suppliers compete with each other on costs and quality
Correct Answer:
Verified
Q34: Maintaining inventories helps companies to
A) Sell at
Q35: International companies maintain inventory to
A) Take advantage
Q36: Some of the costs associated with maintaining
Q37: Opportunity cost is defined as
A) The cost
Q38: Just-in-time system of inventory is defined as
A)
Q40: The goals of JIT are
A) To increase
Q41: Identify the key differences between the manufacturing
Q42: Why is manufacturing of goods and services
Q43: What are the critical factors used by
Q44: What is process management?
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