Retro Inc. wanted to reduce the amount of supplies it had on hand at any given time to the minimum required. To accomplish this goal, it implemented a ________ system.
A)just-in-time
B)reserve stock system
C)book stock
D)manual eyeballing

Question

Quizplus · Accepted Answer

Just-in-time system is designed to reduce the amount of inventory stored and reduce the cost of excess inventory, while maintaining production efficiency by receiving inventory only when it is needed in the production process.

Retro Inc Wanted to Reduce the Amount of Supplies It Had