Rinker Audio Products Is Uncertain Whether or Not to Introduce

Multiple Choice

Rinker Audio Products is uncertain whether or not to introduce a just-in-time (JIT) inventory system.While the head of manufacturing is opposed to it,its CFO is pushing for its adoption.The basic philosophy behind just-in-time (JIT) inventory systems is to

A) economize on inventory holding costs.
B) reduce inventory turnover.
C) create a buffer stock of inventory.
D) reduce costs by reducing quality.
E) increase the total working capital requirement.