The just-in-time inventory system focuses on minimizing
A) scheduling.
B) materials resource planning.
C) stock-out costs.
D) customer complaints.
E) storage and holding costs.

Question

Quizplus · Accepted Answer

The just-in-time inventory system aims to reduce unnecessary inventory and minimize storage and holding costs. By producing or purchasing only what is needed when it is needed, companies can minimize the amount of inventory they keep on hand and therefore, reduce storage costs.

The Just-In-Time Inventory System Focuses on Minimizing