What does Just-in-Time (JIT) inventory system emphasize? A. Maximum inventory holding costs B. Long production lead times C. Frequent stockouts D. Timely delivery of components
Question
What does Just-in-Time (JIT) inventory system emphasize? A. Maximum inventory holding costs B. Long production lead times C. Frequent stockouts D. Timely delivery of components
Solution
The Just-in-Time (JIT) inventory system emphasizes D. Timely delivery of components. This system aims to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.
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