Economics · Business Studies
In relation to Just-in-Time (JIT) inventory management, which of the following statements is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Inventory levels include a significant buffer
- 2Deliveries are likely to be infrequent
- 3There is low risk of stock-outs
- 4Holding costs are likely to be low✓
Correct answer
Holding costs are likely to be low
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