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Title: What of the following best describes just-in-time inventory management? Post by: victor.m.rojas2 on Jul 7, 2019 What of the following best describes just-in-time inventory management?
▸ Production inefficiencies arising when production capacity stands idle for lack of materials are minimized by holding a small stock of essentials at all times. ▸ A firm acquires inventory precisely when needed so that its inventory balance is always at, or close to, zero. ▸ Inventory is maintained as a buffer to meet uncertainties in demand, supply, and movements of goods. ▸ A firm minimizes the time lags present in the supply chain by maintaining a certain amount of inventory to use in these lag times. Title: What of the following best describes just-in-time inventory management? Post by: crdsa on Jul 7, 2019 Content hidden
Title: What of the following best describes just-in-time inventory management? Post by: victor.m.rojas2 on Jul 7, 2019 Thank you for answering so quickly
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