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Which one of the following statements is true regarding JIT inventory? Group of answer choices It exists just in case something goes wrong. It is

Which one of the following statements is true regarding JIT inventory?
Group of answer choices
It exists just in case something goes wrong.
It is the minimum inventory necessary to keep a perfect system running.
It hides variability.
It is minimized with large lot production.
It increases if setup costs decrease.

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