The JIT method of inventory control attempts to minimize ordering costs

Indicate whether the statement is true or false.

Answer: FALSE
Explanation: The JIT method of inventory control attempts to minimize carrying costs.

Business

You might also like to view...

You are the CEO of Achilles Incorporation. You have decided to hire other organizations to perform many of the basic functions of your business

You have hired an accounting firm to keep your records, a recruiting firm to handle human resource functions, and a computer firm to handle all records. To keep costs down, you are looking for other areas in which to outsource operations. You have chosen to operate your business as a ________. A) matrix organization B) virtual organization C) highly centralized organization D) highly formalized organization E) bureaucracy

Business

What time sequence is appropriate for meeting minutes?

A) Functional B) Chronological C) Eastern Daylight Savings D) Global Time

Business