Which of the following is a disadvantage of a just-in-time management system?

A) It results in a decrease in production space.
B) It increases the inventory cost.
C) The risk of the inventory becoming obsolete is very high.
D) The users of this system sometimes lose sales because of little or no inventory buffers.

D

Business

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In a job-order system, the actual factory overhead costs incurred are $150,000. Applied factory overhead costs are $160,000. What entry is needed to dispose of the overhead variance? Use the immediate write-off method

A) Debit Factory Department Overhead Control, Credit Factory Department Overhead Applied B) Debit Factory Department Overhead Applied, Credit Cost of Goods Sold C) Debit Factory Department Overhead Applied, Credit Finished Goods Inventory D) Debit Factory Department Overhead Control, Credit Cost of Goods Sold

Business

Which of the following is NOT a technique to treat a background so it has a halftone finish?

A) mortise B) square halftone C) surprint D) silhouette E) duotone

Business