Which statement concerning the just-in-time inventory management system is not true?
A) The problem of holding inventory is shifted to the supplier.
B) The aim of the system is to eliminate the need for the business to hold inventory.
C) The approach is a theoretical one only and has not really been tried in practice.
D) For the system to work, there must be a close relationship between the business and its supplier.
Correct Answer:
Verified
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