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A Firm That Uses a JIT Purchasing Philosophy Probably

Question 5

Multiple Choice

A firm that uses a JIT purchasing philosophy probably:


A) has many suppliers.
B) has extensive inspection of purchased items at the receiving point.
C) has relatively few suppliers.
D) has deliveries of purchased items made in small lot sizes immediately before the goods are needed in production.
E) has relatively few suppliers and has deliveries of purchased items made in small lot sizes immediately before the goods are needed in production.

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