At Toyota, factories rely on suppliers to get the needed raw materials and parts to the factory floor when they are required during the production process.What type of inventory control is Toyota practicing?
A)Economic order quantity (EOQ)
B)Enterprise resource planning (ERP)
C)Materials requirement planning (MRP)
D)Just-in-time (JIT) inventory

Question

Quizplus · Accepted Answer

Toyota is practicing the just-in-time (JIT) inventory control method, where materials and parts are delivered to the factory floor just in time for production without excess inventory. This method helps to reduce waste and improve efficiency in the production process.

At Toyota, Factories Rely on Suppliers to Get the Needed