ompared to traditional purchasing approaches, delivery lead times under the ________ system are considerably shorter. Lead-time reliability is usually much better for ___________ systems.
A) JIT / just-in-time
B) JOB / JOB
C) JOT / JOT
D) MBO / management buying and ordering
E) JIT / computerized

Question

Quizplus · Accepted Answer

JIT (just-in-time) systems are known for their ability to reduce lead times by keeping inventory levels low and delivering products as soon as they are needed. This approach minimizes waste and improves efficiency, leading to faster and more reliable deliveries compared to traditional purchasing approaches. JOB and JOT are not commonly used in supply chain management, while MBO is a management philosophy and not a purchasing system. Computerized systems could refer to a variety of different systems and are not necessarily synonymous with JIT.

Ompared to Traditional Purchasing Approaches, Delivery Lead Times Under the ________