Which of the following typically applies to Just-in-Time (J-I-T) systems?
A) Inventory holding costs are carried by the supplier instead of the manufacturer.
B) Increased inventory management costs are reflected in higher prices to the consumer.
C) Cost of ordering inventory is carried by the supplier and inventory holding costs are carried by the manufacturer.
D) Total inventory costs are carried by the supplier.
E) Total inventory costs are divided among the logistics carrier, the supplier and the manufacturer.
Correct Answer:
Verified
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