Which of the Following Correctly Describes Just-In-Time (JIT)Management

Multiple Choice

Which of the following correctly describes Just-in-Time (JIT) Management?

A) It is a production approach that maintains surplus goods at each stage of manufacture.
B) It is an inventory purchase approach that seeks purchase discounts on buying large quantities.
C) It is a cost management approach that focuses on maintaining lean inventory levels.
D) It is an inventory approach that stockpiles raw materials to protect against supply interruptions.