Business 9609 · AS & A Level · Inventory management

Inventory management — practice question

(a)[2]

Define what is meant by the term ‘Just in Time’ (JIT).

(b)[3]

Explain two benefits, in brief, for a manufacturing business that uses Just in Time (JIT).

Worked solution & mark scheme

This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: A way of controlling inventory / a form of production management / a production or manufacturing system

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