Explain the Concept of the "Just-In-Time" Inventory Control Technique

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The Answer is The just-in-time system of inventory control sees excess inventory as a blanket that masks production problems and adds unnecessary costs to the production operation.Under a JIT philosophy,the level of inventory maintained is the measure of efficiency.Materials and parts should not build up as costly inventory.They should flow through the production process without stopping,arriving at the appropriate location just in time.

Explain the Concept of the "Just-In-Time" Inventory Control Technique

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Explain the Concept of the "Just-In-Time" Inventory Control Technique

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Correct Answer:VerifiedShow Answer

Correct Answer:
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