Just-in-time management could be best defined in which of the following ways? A. improving efficiency by raising wages
B. increasing inventory for quality assurance
C. studying the actions and efficiency of workers
D. decreasing inventory to lower costs
E. installing computer robotics for manufacturing
Just-in-time management could be best defined in which of the following ways?
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The correct answer is D. decreasing inventory to lower costs.
Just-in-time (JIT) management is a strategy aimed at reducing inventory levels and associated costs by receiving goods only as they are needed in the production process. This approach minimizes waste and encourages efficient production practices. By lowering inventory, companies can reduce storage costs and improve cash flow.
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