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All of the following are consistent with the Just-in-Time inventory management system EXCEPT: Select one:...

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Finance

All of the following are consistent with the Just-in-Time inventory management system EXCEPT:

Select one:

a. It determines when orders should be placed to arrive in time for immediate production.

b. It allows the firm to avoid stockouts by keeping stocks to a maximum by receiving a regular flow of components and raw materials throughout the day.

c. It minimises raw materials inventory.

d. It minimises inventory by having materials arrive at exactly the time they are needed for production.

e. It minimises carrying costs.

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