The drawback of a just-in-time inventory system is that it:

A. increases the total capital required by a firm.

B. leaves a firm without a buffer stock of inventory.

C. increases inventory holding costs, such as warehousing and storage costs.

D. is less efficient than traditional system in spotting and fixing defective inputs.

E. lowers a company's profitability as measured by return on capital invested.

B

Business

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A firm decides to offer its shares of ownership to the public for the first time, and lists its securities on a public exchange. This is termed as ________

A) a private placement initiative (PPI) B) a secondary market offering (SMO) C) a secondary equity offering (SEO) D) an initial public offering (IPO) E) an international funding foray (IFF)

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The current model that most organizations typically use for dealing with fraud is:

a. investigation, fraud incident, resolution, action. b. fraud incident, action, investigation, resolution. c. investigation, action, fraud incident, resolution. d. fraud incident, investigation, action, resolution.

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