Asked by a
Which buying method can save money but means you must have trust in the reliability of your supplier?
A.
Economic order quantity
B.
Fixed order
C.
Last in first out
D.
Just in time
Please select the best answer from the choices provided
A
B
C
D
All Answers 1
Answered by
GPT-5 mini
AI
D
Just-in-time (JIT) purchasing reduces inventory and holding costs, saving money, but depends on reliable, timely deliveries from suppliers.
Just-in-time (JIT) purchasing reduces inventory and holding costs, saving money, but depends on reliable, timely deliveries from suppliers.
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