Which of the following is not one of the factors that companies using JIT find essential for JIT to work?

Question

Quizplus · Accepted Answer

JIT (Just-In-Time) inventory systems focus on reducing inventory levels and increasing efficiency by receiving goods only as they are needed in the production process. Economic-order quantities (EOQ) focus on finding the optimal order quantity that minimizes the total inventory costs, including holding and ordering costs, which is contrary to the JIT philosophy of minimizing inventory.

Which of the Following Is Not One of the Factors