A scheduling system for minimizing inventory by having components arrive exactly at the moment they are needed and finished goods shipped as soon as they leave the assembly line best describes a ________ strategy.
A) just-in-time
B) frictionless
C) bullwhip
D) safety-stock
E) push-pull

Question

Quizplus · Accepted Answer

Just-in-time strategy aims to minimize inventory and waste by having components arrive exactly at the moment they are needed and finished goods shipped as soon as they leave the assembly line. This strategy helps in reducing inventory carrying costs and increasing production efficiency. Options B to E are not relevant to the context of the question.

A Scheduling System for Minimizing Inventory by Having Components Arrive