Multiple Choice
Which of the following statement(s) about just-in-time (JIT) inventory management is (are) true?
I.The emphasis of JIT is on "pull" manufacturing.
II.Raw materials are purchased just in time to be used in production.
III.JIT is an inventory technique that focuses on reduction of both inventory and related inventory costs.
A) I only.
B) II only.
C) III only.
D) II and III.
E) I,II,and III.
Correct Answer:
Verified
Correct Answer:
Verified
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