Business, 23.04.2021 22:50 GabbyLandry

Just-in-time (JIT) inventory management is used by many well-run manufacturers as well as by distributors when servicing major accounts. Thus, understanding JIT is important for future employees working for manufacturers and/or distributors. Based on your understanding, which is not considered a fundamental component of a firm’s JIT process? Group of answer choices maintaining lower inventory costs by matching demand precisely eliminating inefficiencies in the inventory management system maintaining a large safety stock of inventory the dependability and predictability of demand all of the above are important elements of the JIT philosophy

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