1.A company is planning to implement a just-in-time (JIT) inventory management system. All of the following are benefits expected from implementing JIT except A. Lower investment in inventory. B. Lower obsolescence and other carrying costs. C. Higher inventory turnover. D. Fewer defects and less rework.

2. Which of the following statements is false with respect to best practices analysis?
A.	The balanced scorecard facilitates best practice analysis.
B.	Best practice analysis is a way or method of accomplishing a business function or process that is considered to be superior to all other known methods.
C.	Best practices analysis assumes that a lesson learned from one area of a business can be passed on to another area of the business or between businesses.
D.	The concept of benchmarking is incompatible with best practices analysis..