Question: How does Just - in - Time ( JIT ) inventory management enhance operational efficiency? a ) By maintaining large buffer stocks to handle demand
How does JustinTime JIT inventory management enhance operational efficiency?
a By maintaining large buffer stocks to handle demand variability
b By synchronizing production with customer demand to minimize inventory holding costs
c By centralizing decisionmaking to streamline production processes
d By disregarding quality control measures to expedite production timelines
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
