A just-in-time system can lower inventory holding costs and increase customer satisfaction.

Name: A just-in-time system can lower inventory holding costs and increase customer satisfaction.
Brand: Quizplus
Rating: 4.8 (43 reviews)

Question

Quizplus · Accepted Answer

A just-in-time system allows for the timely delivery of goods and materials, reducing the need for excess inventory and the associated holding costs. This can lead to cost savings for the company and potentially lower prices for customers, which in turn can increase customer satisfaction.

A Just-In-Time System Can Lower Inventory Holding Costs and Increase