Which of the following is NOT a benefit of a just-in-time (JIT) system?
A) Areas previously used to store inventories are made available for other more productive uses.
B) Funds that have been tied up in inventories can be used elsewhere.
C) The time required to fill an order is reduced, resulting in quicker response to customers and consequentially greater potential sales.
D) Production workers are always busy.
Correct Answer:
Verified
Q1: Companies using the just-in-time (JIT)approach hope to
Q2: Corporate governance:
A)if effective, should enhance stakeholders' confidence
Q3: Financial accounting is primarily concerned with:
A)reporting exclusively
Q4: A manufacturing business has four different departments
Q5: Which of the following statements is not
Q7: In order to eliminate waste, companies must
Q8: A manufacturing company has implemented just in
Q9: The implementation phase includes all of these
Q10: What is the professional designation for the
Q11: Benchmarking begins with:
A)determining the constraints within a
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