One method for reducing inventory costs is to adopt a just-in-time inventory system (JIT), whereby a company reduces the amount of inventory by
A) ordering products often and in large quantities
B) ordering products often and in low quantities
C) creating a supply flow that more closely approximates consumer purchase patterns
D) creating a supply flow that more closely matches supplier demand

Question

Quizplus · Accepted Answer

JIT systems aim to reduce inventory by ordering products often and in low quantities, to match consumer demand more closely.

One Method for Reducing Inventory Costs Is to Adopt a Just-In-Time