Which one of the following characteristics would likely be associated with a just-in-time inventory method?
A) Ending inventory of work in process that would allow several production runs
B) A backlog of inventory orders not yet shipped
C) Minimal finished goods inventory on hand
D) An understanding with customers that they may come to the showroom and select from inventory on hand

Question

Quizplus · Accepted Answer

Just-in-time inventory systems focus on minimizing inventory levels to reduce waste and improve efficiency. This means that minimal finished goods inventory on hand would likely be associated with a just-in-time inventory method. Options A, B, and D all suggest higher inventory levels which would not be consistent with a just-in-time approach.

Which One of the Following Characteristics Would Likely Be Associated