A _____ is having just enough product on your shelves to meet the immediate purchases;this usually requires frequent shipment from your supplier.
A)macroinventory
B)in-process inventory
C)microinventory
D)just-in-time inventory

Question

Quizplus · Accepted Answer

The definition describes just-in-time inventory, which aims to minimize inventory costs by having just enough products on hand to meet immediate demand. This requires frequent shipments from suppliers to maintain inventory levels, hence the name just-in-time.

A _____ Is Having Just Enough Product on Your Shelves