An
automobile manufacturer makes use of the Just-in-time (JIT) philosophy with
regards to inventory control. Which one of the following statements is NOT true
with regards to the JIT inventory strategy?

Question

Answer

JIT-driven firms will still have inventory, just at lower
quantities than non-JIT organisations

Answer

JIT
intends to reduce uncertainty in production processes

Answer

Inventories are minimised by
increasing lead times and batch sizes

Answer

JIT
aims to reduce uncertainty in demand

Answer

JIT tries to eliminate unnecessary inventories

Crowdly

An automobile manufacturer makes use of the Just-in-time (JIT) philosophy with r...

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