(a)[2]
Define what is meant by Just in Time (JIT).
(b)[3]
Explain one disadvantage to a firm of using Just in Time (JIT).
Business 9609 · AS & A Level · Inventory management
Inventory management — practice question
Worked solution & mark scheme
This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Management of inventory that makes sure fresh inventory arrives precisely when required (eliminates the need to store inventory until it is needed)” …
- Full mark scheme, point by point
- Step-by-step worked solution
- Write your answer & get it marked instantly by AI