Multiple Choice
One characteristic of a just-in-time (JIT) inventory system is that
A) a company is more likely to have excess unsold inventory to write off against earnings.
B) parts enter the manufacturing process immediately; they are not warehoused.
C) it is difficult to spot and fix defective inputs.
D) the working capital a company needs to finance inventory increases is high.
E) a firm has an ample buffer stock of inventory.
Correct Answer:

Verified
Correct Answer:
Verified
Q75: The _ function of packaging refers to
Q76: The level of output at which most
Q77: What is a drawback of ISO 9000
Q78: In international business, when consumer demand is
Q79: Sound-Rite Audio wants to enter the European
Q81: Which country pioneered the concept of just-in-time
Q82: A product's value-to-weight ratio affects location decisions
Q83: Flexible machine cells enhance a company's ability
Q84: The _ operational objective refers to integrating
Q85: W. Edwards Deming believed that achieving better