What advantages are obtained from the use of a just-in-time inventory system?
A) Suppliers can be less quality conscious and thus will have lower costs.
B) The production system becomes an intermittent process.
C) The warehousing function increases in importance.
D) The number of goods in process is drastically reduced.
E) Quality of finished products increases.

Question

Quizplus · Accepted Answer

The main advantage of a just-in-time inventory system is a drastic reduction in the number of goods in process, which leads to lower inventory holding costs and more efficient production processes.

What Advantages Are Obtained from the Use of a Just-In-Time