Just-in-time inventory is likely to lead to increased inventory costs and lower customer satisfaction.

Question

Quizplus · Accepted Answer

Just-in-time inventory is a strategy that aims to minimize inventory costs by keeping inventory levels low and ordering inventory only when it is needed. Therefore, it is unlikely to lead to increased inventory costs. On the other hand, it may lead to lower customer satisfaction if there are delays in product delivery due to inventory shortages.

Just-In-Time Inventory Is Likely to Lead to Increased Inventory Costs