An important characteristic of a just-in-time (JIT) inventory system is
A) the minimization of safety stock requirements.
B) the use of economic order quantity formulas.
C) lower usage rates.
D) increased inventory holding costs.

Question

Quizplus · Accepted Answer

Just-in-time (JIT) inventory systems focus on reducing inventory levels and minimizing safety stock requirements to decrease storage costs and waste, ensuring materials are only ordered and received as needed.

An Important Characteristic of a Just-In-Time (JIT) Inventory System Is