Companies experience a number of benefits from JIT including:
A)better customer acceptance of their products and services.
B)increased job satisfaction among employees.
C)a reduction of inventory and handling costs.
D)longer equipment life and lower maintenance costs.

Question

Quizplus · Accepted Answer

JIT (Just-In-Time) system helps companies in the reduction of inventory and handling costs as it focuses on producing goods only when they are needed in the production process. This reduces the need for storage space, reduces the risk of spoilage or damage to inventory, and lowers the associated costs like warehousing, insurance, and labor costs.

Companies Experience a Number of Benefits from JIT Including