With the __________ inventory control system, producers hold only the amount of materials and parts that they need for a short period of time, sometimes just a few hours.
A) ABC
B) first-in, first-out
C) just-in-time (JIT)
D) maximum

Question

Quizplus · Accepted Answer

The just-in-time inventory control system allows producers to hold only the amount of materials and parts that they need for a short period of time, sometimes just a few hours, which reduces the need for large inventories and increases efficiency. ABC is a method for categorizing inventory items based on their value, while first-in, first-out and maximum are not necessarily related to inventory control systems.

With the __________ Inventory Control System, Producers Hold Only the Amount