Just-in-time inventory systems
A) are used only by manufacturing firms.
B) are implemented primarily by the manufacturing function.
C) have components arrive at a manufacturing plant just in time to enter the production process.
D) are valuable when there is a labor dispute with a key supplier.
E) always keep extra inventory on hand for emergencies.

Question

Quizplus · Accepted Answer

Just-in-time inventory systems are implemented primarily by the manufacturing function and involve having components arrive at a manufacturing plant just in time to enter the production process. This helps to minimize inventory carrying costs and improve efficiency. It is not used only by manufacturing firms, nor is it valuable in the event of a labor dispute with a key supplier. The system does not keep extra inventory on hand for emergencies.

Just-In-Time Inventory Systems