This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What of the following best describes just-in-time inventory management? (Read 115 times)

RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
on: Jul 9, 2019
What of the following best describes just-in-time inventory management?
◦ Production inefficiencies arising when production capacity stands idle for lack of materials are minimized by holding a small stock of essentials at all times.
◦ A firm acquires inventory precisely when needed so that its inventory balance is always at, or close to, zero.
◦ Inventory is maintained as a buffer to meet uncertainties in demand, supply, and movements of goods.
◦ A firm minimizes the time lags present in the supply chain by maintaining a certain amount of inventory to use in these lag times.
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by RYAN BANYAN on Jul 9, 2019

karmakat49

  • Sr. Member
  • ****
  • Posts: 369
Reply #1 on: Jul 9, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


RYAN BANYAN

  • Hero Member
  • *****
  • Posts: 563
Reply #2 on: Jul 9, 2019
Excellent


karmakat49

  • Sr. Member
  • ****
  • Posts: 369
Reply #3 on: Jul 9, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Operations Management question Operations Management question
Waste Generation and Management Waste Generation and Management
Management 12e Management 12e
Strategic Management: Concepts and Cases Strategic Management: Concepts and Cases
Disitive Time For Fruits Disitive Time For Fruits
Time homework Time homework
Video: Non-polar compounds - insolubility

For a complete list of videos, visit our video library