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    Cornerstones of Cost Management Study Set 3
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    Exam 20: Inventory Management: Economic Order Quantity, Jit, and the Theory of Constraints
  5. Question
    JIT Purchasing Is Done Using
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JIT Purchasing Is Done Using

Question 89

Question 89

Multiple Choice

JIT purchasing is done using


A) short-term contracts emphasizing price.
B) long-term contracts based on quality, reliability, and price.
C) short-term contracts based on quality, reliability, and price.
D) inventory to hedge against stockouts and price increases.

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