Which one of the following statements about just-in-time inventory management policy is NOT true?
A) It calls for the exact day-by-day, or even hour-by-hour raw material needs to be delivered by the suppliers.
B) If the supplier fails to make the needed deliveries, then production shuts down.
C) A big disadvantage in this system is that there are high raw inventory costs.
D) It eliminates obsolescence or loss to theft.
Correct Answer:
Verified
Q49: Which ONE of the following statements about
Q50: Jensen Autos, one of the largest car
Q51: Operating shortage costs that result from lost
Q52: The ageing schedule
A) shows the breakdown of
Q53: Electronic Funds Transfer: Porter Company has just
Q55: Which one of the following statements about
Q56: Which ONE of the following statements about
Q57: Which ONE of the following statements is
Q58: Which one of the following statements is
Q59: Electronic Funds Transfer: Rocky Company has daily
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents