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    Business
  3. Study Set
    Management and Cost Accounting
  4. Exam
    Exam 24: Quantitative Models for the Planning and Control of Inventories
  5. Question
    One of the Traditional Reasons for Holding Inventory Is to Minimize
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One of the Traditional Reasons for Holding Inventory Is to Minimize

Question 38

Question 38

Multiple Choice

One of the traditional reasons for holding inventory is to minimize total carrying costs and setup costs. The JIT solution is to


A) reduce setup costs.
B) reduce lead time.
C) use total preventive maintenance.
D) use total quality control.

Correct Answer:

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