Answer:
E. All of the above are true.
Explanation:
A just-in-time inventory management model eliminates the need to hold raw materials in store. Materials ordered are taken straight to the production line. JIT reduces inventory management costs and wastage.
As inventory will not be stored, any poor quality deliveries will are identified on arrival . JIT's success depends on the availability of reliable suppliers. If successfully implemented, a company does not require to hold any buffers stock, thereby reducing inventory costs. Reliable suppliers help reduce lead time; a business will only order when it needs inventory.
