Manufacturers today purchase raw materials so that just enough inventory is on hand to produce the product in small batches. Which management approach is this practice most closely related to?
A)systems management
B)information management
C)operations management
D)contingency management

Question

Manufacturers today purchase raw materials so that just enough inventory is on hand to produce the product in small batches. Which management approach is this practice most closely related to?
A)systems management  
B)information management  
C)operations management  
D)contingency management

Quizplus · Accepted Answer

This practice is closely related to operations management, which involves managing and optimizing the production process to ensure efficiency and effectiveness. Just-in-time inventory management, where raw materials are ordered and delivered on an as-needed basis, is a common strategy in operations management to minimize waste and inventory costs.

Manufacturers Today Purchase Raw Materials So That Just Enough Inventory