Which of the following is correct for JIT Purchasing? Uses Push Method Delivers

Question

Which of the following is correct for JIT Purchasing?

Uses Push Method

Delivers small quantities of materials and parts in trucks and vans.

Uses many vendors and selects the one with the best price each time the need arises for more raw material.

Leads to higher levels of inventory on the production line

Uses Push Method

Delivers small quantities of materials and parts in trucks and vans.

Uses many vendors and selects the one with the best price each time the need arises for more raw material.

Leads to higher levels of inventory on the production line

Explanation / Answer

Just in time is an approach to imventory management in which products are bought as and when required and in small quantities so as to reduce inventory carrying costs and receive the goods just in time to use.

Hence, the second statement is correct.

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