Module 7: Inventory and Pricing Decisions

Question 1

A company is considering changing to a JIT system. The following changes in their working practices are likely to be necessary:
- Increased ______ _______ activity
- Increased focus on the ________ __________ of ________ ________
- Selection of ________ close to the _____________ ______

Answer 1

quality control;
accurate forecasting; customer demand;
suppliers; manufacturing facility;