Adoption of the just-in-time inventory system requires
A) the elimination of raw materials wherever possible.
B) an emphasis on work in progress.
C) a reduction in the firm's finished goods.
D) close cooperation with suppliers.

Question

Quizplus · Accepted Answer

Just-in-time inventory system relies heavily on the timely delivery of raw materials and supplies from suppliers to meet production demands. Therefore, close cooperation with suppliers is essential to the adoption and success of the system. The system does not necessarily require the elimination of raw materials, an emphasis on work in progress or a reduction in the firm's finished goods.

Adoption of the Just-In-Time Inventory System Requires