General Studies · Just-In-Time
Which of the following is a primary advantage of implementing a Just-In-Time (JIT) inventory management system?
- 1The risk and amount of obsolete inventory will be minimised✓
- 2The frequency of raw material deliveries is significantly reduced
- 3Monthly finance costs incurred in holding inventory will remain constant
- 4Quality control costs will be completely eliminated
Correct answer
The risk and amount of obsolete inventory will be minimised
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