Receiving a required inventory item at the exact time needed?

JIT````````````````

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JI <<<<<<<<<<<<<<<<<<<<<<ANSWER

Just in Time (JIT)

Thank you..

My answer is option (B) JIT (Just In Time)

Just in time

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An inventory strategy companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.

This method requires that producers are able to accurately forecast demand.

Correct answer is JIT

Just In Time (JIT)<<<<<<<<<<<<<<<<<<<<<<

>>>>>>>>>>>>>> The answer will be JIT

JIT>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

It refers to Just-in-time system (JIT).

JIT is the correct answer

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