Just-in-time production and inventory control can result in:

A. excess inventories that mess up production schedules.
B. a fall in inventories and an increase in efficiency.
C. a lack of coordination between suppliers and retailers.
D. decreased risk bearing on the part of retailers.

Answer: B

Economics

You might also like to view...

Banks create money whenever they

A) accept a deposit. B) lend excess reserves to a borrower. C) receive monthly payments on their loans. D) receive interest on existing loans.

Economics

Suppose the U.S. one-year interest rate is 3% per year, while a foreign country has a one-year interest rate of 5% per year. Ignoring risk and transaction costs, a U.S. investor should invest in foreign bonds as long as the expected yearly rate of depreciation of the foreign currency is

A) less than 5%. B) greater than 5%. C) greater than 2%. D) less than 2%. E) less than 1%.

Economics