Inventory levels for firms using JIT inventory systems compared to firms not using JIT will be:
A)Higher for both work in process and finished goods.
B)Higher for work in process and finished goods but lower for raw materials.
C)Lower for raw materials,work in process,and finished goods.
D)Higher for finished goods but lower for raw materials and work in process.

Question

Quizplus · Accepted Answer

JIT inventory systems rely on having minimal inventory levels, so firms using this system will have lower levels of raw materials, work in process, and finished goods compared to firms not using JIT.

Inventory Levels for Firms Using JIT Inventory Systems Compared to Firms