Item $5$

An automobile assembly plant in Kentucky purchases several thousand unassembled parts for automobiles and then performs final assembly of the vehicles before delivering them to dealers all over the nation. Purchasing parts several days or weeks before they are assembled would increase the total cash outlay the plant has tied up in inventory at any given time. In order to reduce the expense of large inventories, most assembly plants have successfully adopted $\_\_\_\_\_\_\_\_\_\_$ inventory systems.

Multiple Choice

balanced

strategic alliance

just$-$in$-$time

rotational