Since its objective is to minimize inventory investment, a Just-in-Time (JIT) system uses no, or very little, safety stocks.

Name: Since its objective is to minimize inventory investment, a Just-in-Time (JIT) system uses no, or very little, safety stocks.
Brand: Quizplus
Rating: 4.9 (30 reviews)

Question

Quizplus · Accepted Answer

JIT systems aim to have the right amount of inventory at the right time, so they often avoid having excess inventory or safety stocks. This helps to reduce inventory holding costs and increase efficiency.

Since Its Objective Is to Minimize Inventory Investment, a Just-In-Time