To develop the close coordination needed for just-in-time (JIT) inventory control systems, manufacturers tend to rely on one supplier. How is this supplier selected?
A)by lowest item-by-item cost
B)by its ability to be flexible
C)by product quality
D)by size of operation
E)by lowest overall cost

Question

Quizplus · Accepted Answer

The supplier selected for JIT inventory control systems should be able to be flexible in order to adapt to the changing needs of the manufacturer's production schedule. Other factors such as product quality and overall cost are also important, but flexibility is crucial in order to ensure smooth and efficient production processes.

To Develop the Close Coordination Needed for Just-In-Time (JIT) Inventory