Match each item with the correct statement below.
-philosophy that advocates eliminating waste, solving problems, and striving for continual improvements in operations
A) aggregate planning
B) just-in-time inventory management
C) master production scheduling
D) inventory management
E) materials requirements planning

Question

Quizplus · Accepted Answer

Just-in-time inventory management is a philosophy that focuses on reducing waste, solving problems, and continuously improving operations by ensuring that materials and products are only supplied as needed for production, minimizing inventory costs and waste.

Match Each Item with the Correct Statement Below