Question: The JIT solution a . requires carrying materials inventory in order to lower the cost of inventory without production delays. b . requires selection of

The JIT solution
a. requires carrying materials inventory in order to lower the cost of inventory without production delays.
b. requires selection of vendors based on lowest cost alone.
c. exploits supplier linkages by negotiating long-term contracts with a few chosen suppliers located closest to the production facility and establishing more supplier involvement.
d. requires a solid forecast to push production.
 The JIT solution a. requires carrying materials inventory in order to

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