For which of the following reasons explains why companies have recently been able to reduce inventory levels?
A)There is better sharing of information between suppliers and manufacturers
B)Just-in-time production strategies are being implemented
C)Production quotas are being implemented
D)Both A and B are correct.

Question

Quizplus · Accepted Answer

Both A and B are correct. Sharing of information between suppliers and manufacturers enables better coordination and planning, while just-in-time production strategies allow companies to produce goods only when they are needed and avoid excess inventory.

For Which of the Following Reasons Explains Why Companies Have