Which one of the following is a characteristic of a just-in-time inventory system?
A) High level of dependence on supplier performance
B) Low inventory turnover rates
C) Long inventory periods
D) Unusually high inventory levels
E) Large, infrequent re-orders of raw materials

Question

Quizplus · Accepted Answer

A just-in-time inventory system relies on receiving supplies and materials from suppliers just in time to be used in the manufacturing process. This means that the system is highly dependent on the performance of suppliers to deliver materials on time and in the correct quantities.

Which One of the Following Is a Characteristic of a Just-In-Time