Just-in-time production and inventory control can result in:
A)a fall in inventories and an increase in efficiency.
B)excess inventories that mess up production schedules.
C)a lack of coordination between suppliers and retailers.
D)decreased risk bearing on the part of retailers.

Question

Quizplus · Accepted Answer

Just-in-time production and inventory control aim to minimize inventory levels and ensure that materials are delivered to the production line exactly when they are needed. This can result in a fall in inventory levels, which can lead to cost savings, increased efficiency, and improved cash flow.

Just-In-Time Production and Inventory Control Can Result In