Under JIT purchasing, ordering costs are most likely to be minimized by:
A)increasing the number of vendors.
B)making more frequent payments.
C)increasing the number of inspections.
D)eliminating inspections.
E)ordering in large quantities.

Question

Quizplus · Accepted Answer

Under JIT (Just-In-Time) purchasing, the goal is to minimize waste and inefficiencies, including reducing ordering costs. Eliminating inspections can help minimize these costs by streamlining the process and reducing the time and resources spent on inspecting goods.

Under JIT Purchasing, Ordering Costs Are Most Likely to Be