Question

_______ is a system for managing demand-dependent inventories that minimizes the inventory holdings of the firm at any given time. A. Just-in-time inventory B. Turnover inventory C. Net working capital planning D. Inventory scoring E. Inventory ranking

Answer 1

Answer: "A. Just-in-time inventory" is a system for managing demand-dependent inventories that minimizes the inventory holdings of the firm at any given time.

Explanation: The Just in time system is an inventory maintenance policy at the lowest possible level where suppliers deliver just what is necessary at the time necessary to complete the production process. In this way, we seek to reduce the costs of maintaining higher inventories, purchasing costs, financing of purchases and storage.