The 'Just-In-Time' System of Inventory Control Can Be Best Explained

Multiple Choice

The 'just-in-time' system of inventory control can be best explained as the:

A) coordination of production processes so that raw materials and components are delivered to the location where they are needed at precisely the times they are required.
B) coordination of production processes so that raw materials and components are delivered to the location where they are needed.
C) process of minimising total inventory costs.
D) method in which the supplier effectively passes on the cost of inventory storage to the buyer.