Making the right amount of inventory available at the right time is an objective of what inventory management approach?
A)JIT
B)SMED
C)Kanban
D)Muda
E)Jidoka

Question

Quizplus · Accepted Answer

Just-in-Time (JIT) is an inventory management approach that focuses on producing and delivering the required quantity of products at the right time, without building up a large inventory. JIT helps to minimize inventory carrying costs and reduce the risk of obsolete inventory. Therefore, making the right amount of inventory available at the right time is a key objective of JIT. SMED, Kanban, Muda, and Jidoka are also Lean manufacturing approaches but not specifically focused on inventory management.

Making the Right Amount of Inventory Available at the Right