Question 1
In a just-in-time system, suppliers are selected primarily on the basis of their ability to provide materials and products at the lowest possible price.
◦ true
◦ false
Question 2
Successful implementation of a JIT production system and effective accomplishments of its goals should result in a decrease in the inventory turnover ratio and a decrease in the number of days of inventory on hand.
◦ true
◦ false