What is JIT inventory management? - Practice (English) | ObjectiveMcq

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What is JIT inventory management? - Practice (English) | ObjectiveMcq

PracticeBusiness ManagementWorking Capital ManagementWhat is JIT inventory management?...

Working Capital Management Business ManagementEasy

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What is JIT inventory management?

Correct Answer:

(A) A system that aims to minimize inventory levels by ordering and receiving goods only as needed

Explanation:

A system that aims to minimize inventory levels by ordering and receiving goods only as needed

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