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Author Question: Which of the following statements relating to just-in-time inventory is not correct? (Read 56 times)

hjfhdiskkjs

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Question 1

Without affecting their ability to meet customer demand using a just-in-time system, some companies have found they can reduce inventory levels by as much as
◦ 5% to 10%.
◦ 35% to 40%.
◦ 20% to 25%.
◦ 50% to 60%.

Question 2

Which of the following statements relating to just-in-time inventory is not correct?
◦ No safety stock is kept to protect units found to be defective.
◦ As soon as goods are completed, they are shipped directly to the customer.
◦ Products are generally completed in small batches in response to customer requests.
◦ Just-in-time is beneficial to all companies that implement it.


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Marked as best answer by hjfhdiskkjs on Feb 5, 2023

AarionnaH

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hjfhdiskkjs

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Reply 2 on: Feb 5, 2023
Thanks for the timely response, appreciate it


cam1229

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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