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    Business
  3. Study Set
    An Introduction to Operations Management
  4. Exam
    Exam 8: Managing Inventory
  5. Question
    The Just-In-Time (JIT) Philosophy Calls for Placing Orders or Manufacturing
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The Just-In-Time (JIT) Philosophy Calls for Placing Orders or Manufacturing

Question 25

Question 25

True/False

The just-in-time (JIT) philosophy calls for placing orders or manufacturing at the time of need, with the objective of minimizing total inventory costs.

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