Under a just in time system , a manufacturing company’s management tries to:?
B) Minimize inventories of finished goods while maintaining excess inventories of raw materials and goods in process
C) Minimize inventories of finished goods , raw materials, and goods in process
D) Meet customers needs by offering standardized products for sale
E) Minimize only its inventories of goods in process
Favorite Answer
The goal is to have just enough supplies to make just as much product as your customers will buy. This keeps you busy – but saves you from laying out money for supplies you aren’t ready to use and keeps you from having to store lots of product you have made that is waiting for sale.
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