Multiple Choice
How does a JIT system respond to the problems traditionally solved by carrying inventories?
A) by ensuring that sufficient inventory is on hand to prevent stockouts
B) by purchasing extra materials when price discounts are offered
C) by negotiating long-term contracts with supplier to lock in low prices
D) by selecting an inventory level that minimizes the total of ordering and carrying costs
Correct Answer:
Verified
Correct Answer:
Verified
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