At Wal-Mart,70 percent of merchandise is rung up at the cash register before the company even pays for it.This is an example of
A) management by objectives.
B) participatory management.
C) quality circles.
D) a just-in-time inventory system.
E) computer-assisted manufacturing.

Question

Quizplus · Accepted Answer

This is an example of a just-in-time inventory system, where products are ordered and received only when needed for sale, thus reducing the need for extensive inventory and associated storage costs. In this case, Wal-Mart is able to ring up 70 percent of its merchandise before paying for it because it has implemented a system of constantly monitoring inventory levels and ordering just enough to meet demand, without the need for excess inventory sitting in storage.

At Wal-Mart,70 Percent of Merchandise Is Rung Up at the Cash