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Question No. 07
Multiple Choice (Select 1 out of 4 options for the question below)
JIT system often benefit from Suppliers expertise by building Partnership. This involves Supplier actively in several areas except
Options
O Product design advice
Product design completion
Product manufacturing assembly process
Problem solving at Suppliers premises
0​

Answer 1

Answer:

C

Explanation:

The JIT process adds value by increasing efficiency. The most important benefit of JIT is the elimination of raw material, inventory and product storage costs. Traditionally, raw materials and inventory of finished goods were considered assets.