Which of the following is a characteristic of the JIT philosophy?
A) Inventories become a valued asset.
B) Few, large deliveries of orders from suppliers.
C) Suppliers become partners.
D) Queues of WIP inventory are a necessary investment.
E) All of the choices are correct.

Question

Quizplus · Accepted Answer

JIT philosophy emphasizes the importance of having strong relationships with suppliers, where they are treated as partners instead of just vendors. This allows for smoother supply chains, more timely deliveries, and better overall coordination in production processes. Options A, B, and D are all incorrect because JIT philosophy seeks to reduce inventories, promote smaller and more frequent deliveries, and minimize excessive WIP queues respectively.

Which of the Following Is a Characteristic of the JIT