Identify the reason that can be attributed to the fact that straight rebuys are common among organizations that practice just-in-time inventory.

Question

Quizplus · Accepted Answer

Organizations that practice just-in-time inventory have a lean inventory system that requires frequent, small deliveries of goods to avoid hoarding and minimize waste. Straight rebuys allow them to quickly replenish their goods without extensive search and evaluation for potential suppliers and bids. This saves time and resources and ensures that their supply chain functions efficiently. Straight rebuys are also appropriate for frequently purchased, standardized items that do not require extensive evaluation and negotiation. Therefore, choice C is the best option. Choices A, B, and D do not accurately describe the reason for the prevalence of straight rebuys in just-in-time inventory systems.

Identify the Reason That Can Be Attributed to the Fact