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 48 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?

Thyroid conditions may make getting pregnant impossible.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Remedies for insomnia include increased physical exercise and time spent outdoors. Remedies for insomnia include increased physical exercise and time spent outdoors.
Barenaked Ladies - Lovers in a Dangerous Time Barenaked Ladies - Lovers in a Dangerous Time
Operations Management question: Operations Management question:
Pharmacologic Management of Renal Failure Pharmacologic Management of Renal Failure
Financial Management: Core Concepts Financial Management: Core Concepts
Magnitude of Geologic Time Magnitude of Geologic Time
Video: Magnetic resonance imaging (MRI)

For a complete list of videos, visit our video library