A Consumer Electronics Company Does Not Store Any of Its

Multiple Choice

A consumer electronics company does not store any of its materials in the warehouse. Instead, the company's procurement department orders small quantities of materials as and when they are required. The vendors supply the ordered material directly to the company's manufacturing unit a day or two before the production starts. This arrangement helps the company reduce costs and boost efficiency. This scenario best illustrates

A) continuous manufacturing systems.
B) contract manufacturing.
C) just-in-time inventory management.
D) outsourcing.
E) mass customization.