According to the APICS Dictionary,____ is defined as the process of a supplier placing goods at a customer location without receiving payment until after the buyer uses the goods.
A) Kanban
B) Just-in-time
C) Consignment
D) MRO
E) None of these choices.

Question

Quizplus · Accepted Answer

The process described in the question is consignment. Kanban refers to a system for controlling the flow of goods in a manufacturing process, just-in-time is a strategy for reducing inventory waste, and MRO (maintenance, repair, and operations) refers to goods and services used in the production process but not directly incorporated into the final product.

According to the APICS Dictionary,____ Is Defined as the Process