What impact would a just-in-time inventory system have on a firm's warehousing strategy?
A) Its use of private warehouses would increase, while its use of public warehouses would decrease.
B) Its use of both private and public warehouses would diminish.
C) Its use of bonded warehouses would diminish, but its use of field warehouses would increase.
D) Its use of both bonded and field warehouses would increase.

Question

Quizplus · Accepted Answer

A just-in-time inventory system reduces the need for large inventory storage, leading to a diminished use of both private and public warehouses as inventory is kept minimal and replenished as needed.

What Impact Would a Just-In-Time Inventory System Have on a Firm's