Which of the following statements about the lean approach and JIT is false?
A) JIT tends to focus on product movement from manufacturer to retailer
B) organizations should give careful consideration before adopting a lean philosophy
C) the lean approach views inventory as waste
D) trucking is an important mode of transportation in JIT systems
E) all are true
Correct Answer:
Verified
Q21: Inventory flow diagrams illustrate that safety stock
Q22: Under _,the size and timing of replenishment
Q23: Dead inventory
A)Three
B)Six
C)Twelve
D)Twenty-four
Q24: Which of the following statements about service
Q25: _ items refer to those that are
Q27: Concerning the EOQ model,if demand or annual
Q28: _ products refer to products that customers
Q29: Concerning the EOQ model,if the ordering costs
Q30: Which of the following is not a
Q41: Safety stock refers to inventory that is
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