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Just-in-time inventory (JIT) systems: a. are used to reduce inventory holding costs. b. are used only by manufacturing firms. c. provide a buffer stock of

Just-in-time inventory (JIT) systems:

a.

are used to reduce inventory holding costs.

b.

are used only by manufacturing firms.

c.

provide a buffer stock of inventory for a company.

d.

always keep extra inventory on hand for emergencies.

e.

save costs by outsourcing inventory management to other companies.

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