A just-in-time inventory system allows for:
A) vertical integration.
B) a narrow range of products.
C) stockpiling of inventories.
D) flexibility in manufacturing.

Question

Quizplus · Accepted Answer

A just-in-time inventory system is a method of production where materials and goods are only ordered and produced when they are required, rather than being stockpiled in advance. This system allows for flexibility in manufacturing because it allows companies to quickly adapt to changes in demand or production needs. It also helps companies to reduce waste and lower inventory holding costs. Vertical integration and a narrow range of products are not directly related to the use of a just-in-time inventory system, and stockpiling of inventories is opposed to the principles of a just-in-time system.

A Just-In-Time Inventory System Allows For