Which of the following refers to a logistics system designed to deliver parts to a production process as they are needed,not before?

Question

Quizplus · Accepted Answer

Just-in-time (JIT) inventory system is a logistics system that aims to deliver parts to a production process as they are needed, not before. This system helps to reduce inventory holding costs and improves the efficiency of the production process by reducing waste and increasing productivity. The other options are not relevant to this concept - the inventory information system is a system that manages inventory data, the buffer stock system maintains a stock of spare parts to prevent stockouts, the basket trading system refers to a grouping of securities to be traded as a single unit, and real-time processing system refers to a system that processes data as soon as it becomes available.

Which of the Following Refers to a Logistics System Designed