Which of the following correctly describes Just-in-Time (JIT) Management?

A) It is a production approach that maintains surplus goods at each stage of manufacture.
B) It is an inventory purchase approach that seeks purchase discounts on buying large quantities.
C) It is a cost management approach that focuses on maintaining lean inventory levels.
D) It is an inventory approach that stockpiles raw materials to protect against supply interruptions.

C

Business

You might also like to view...

A survey which often is just a single question, "How likely is it that you would recommend [Brand] to a friend or colleague?" and measures customer experiences is called a ____.

A. Brand Awareness Survey B. Customer Satisfaction Survey C. Brand Image Survey D. NPS or Net Promoter Score Survey

Business

1. X.800 defines __________ as the prevention of unauthorized use of a resource, including the prevention of use of a resource in an unauthorized manner

What will be an ideal response?

Business