$7.$ How does just$-$in$-$time $($JIT$)$ inventory management differ from traditional inventory

management practices?

a$)$ JIT focuses on maintaining high levels of inventory to buffer against demand fluctuations,

while traditional inventory management aims to minimize inventory levels.

b$)$ JIT emphasizes producing and delivering products just in time to meet customer demand,

reducing inventory levels, while traditional inventory management often relies on maintaining

higher inventory levels to ensure availability.

c$)$ JIT is primarily concerned with long$-$term strategic planning and forecasting, while

traditional inventory management focuses on short$-$term operational efficiency.

d$)$ JIT relies on advanced technology and automation to optimize inventory levels, while

traditional inventory management uses manual processes and systems