Question: Question 3 : Which inventory control method focuses on minimizing inventory holding costs by receiving goods only as they are needed in the production process?

Question 3:
Which inventory control method focuses on minimizing inventory holding costs by receiving goods only as they are needed in the production process?
A. Economic Order Quantity (EOQ)
B. Just-In-Time (JIT)
C. ABC Analysis
D. Material Requirement Planning (MRP)

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