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Which of the Following BEST Describes Just-In-Time Inventory Management

Question 40

Multiple Choice

Which of the following BEST describes just-in-time inventory management?


A) Inventory system which stockpiles raw materials to protect against supply interruptions
B) Production system that focuses on delivering materials and goods in exactly the right quantity when needed
C) Inventory purchasing process that gains purchase discounts by buying in large quantities
D) Production system that stores surplus goods at each stage of manufacture

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