Question: What is Just - In - Case ( JIC ) inventory strategy, and how does it differ from Just - In - Time ( JIT

What is "Just-In-Case" (JIC) inventory strategy, and how does it differ from "Just-In-Time" (JIT)?
a) JIC is an inventory strategy that focuses on maintaining high stock levels to prevent stockouts. It differs from JIT, which aims to minimize inventory and reduce carrying costs by ordering only as needed.
b) JIC is an approach that involves frequent small orders to keep inventory levels low. It differs from JIT, which involves maintaining high inventory levels to ensure availability.
c) JIC is a strategy used to balance production schedules with demand. It differs from JIT by focusing on long-term production planning rather than immediate supply needs.
d) JIC is a method for managing production processes. It differs from JIT by emphasizing fixed production schedules instead of flexible adjustments.

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