Many U.S. firms are switching to JIT processing because
A) they desire a "push" approach to manufacturing.
B) it eliminates conversion costs.
C) it can reduce the funds invested in inventories.
D) it is a means of building up inventories.

Question

Quizplus · Accepted Answer

JIT processing can reduce the funds invested in inventories since it aims to produce goods only when they are needed, minimizing the need for excess inventory.

Many US Firms Are Switching to JIT Processing Because