The ________ is an inventory management technique that minimizes inventory investment by having materials inputs arrive at exactly the time they are needed for production.
A) ABC system
B) FIFO method
C) MRP system
D) JIT system

Question

Quizplus · Accepted Answer

The description given matches with the Just-In-Time (JIT) system wherein the inputs are scheduled to arrive only when they are needed for the production process. The other options listed, ABC system, FIFO method, and MRP system, do not specifically target minimizing inventory investment through the scheduling of inputs.

The ________ Is an Inventory Management Technique That Minimizes Inventory