With regard to suppliers, JIT typically requires
A) Delivery of large lots at regular intervals
B) Buyer inspection of incoming goods and materials
C) Multiple sources from which to purchase
D) Information sharing
E) Buying parts from the cheapest supplier

Question

Quizplus · Accepted Answer

JIT requires suppliers to share information about delivery schedules, product quality, and inventory levels to ensure that materials are delivered at the right time and in the right quantities. This helps to reduce the need for large lot sizes and excess inventory, which can lead to increased costs and waste. JIT also emphasizes building long-term relationships with a select group of reliable suppliers rather than constantly seeking out the cheapest option.

With Regard to Suppliers, JIT Typically Requires