1. What is the primary objective of Just-in-Time (JIT) inventory management?
A. To minimize inventory levels and reduce waste
B. To maximize the number of suppliers
C. To increase the amount of safety stock
D. To prolong lead times
Answer: A. To minimize inventory levels and reduce waste
2. Which of the following is a key principle of JIT?
A. Producing large batches to reduce setup costs
B. Maintaining high levels of inventory
C. Continuous improvement and waste reduction
D. Increasing the number of warehouses
Answer: C. Continuous improvement and waste reduction
3. In a JIT system, how are materials delivered to the production process?
A. In large quantities
B. Just before they are needed
C. After the production process is complete
D. At random times
Answer: B. Just before they are needed
4. What is a potential disadvantage of JIT inventory management?
A. High carrying costs
B. Increased lead time
C. Vulnerability to supply chain disruptions
D. Excess inventory
Answer: C. Vulnerability to supply chain disruptions
5. Which of the following is NOT associated with JIT?
A. High inventory turnover
B. Long production runs
C. Strong supplier relationships
D. Frequent deliveries
Answer: B. Long production runs
6. How does JIT inventory management impact supplier relationships?
A. It weakens supplier relationships
B. It requires strong, reliable partnerships
C. It increases the number of suppliers
D. It reduces communication with suppliers
Answer: B. It requires strong, reliable partnerships
7. What is the role of kanban in a JIT system?
A. To store excess inventory
B. To act as a signal for production or replenishment
C. To reduce transportation costs
D. To increase lead times
Answer: B. To act as a signal for production or replenishment
8. Which of the following is an outcome of successful JIT implementation?
A. Higher inventory levels
B. Reduced production flexibility
C. Decreased waste and improved efficiency
D. Increased storage space requirements
Answer: C. Decreased waste and improved efficiency
9. JIT is often associated with which of the following manufacturing philosophies?
A. Mass production
B. Lean manufacturing
C. Traditional batch processing
D. Push production
Answer: B. Lean manufacturing
10. In JIT inventory management, what is the goal regarding production lot sizes?
A. To increase lot sizes
B. To maintain constant lot sizes
C. To reduce lot sizes
D. To eliminate lot sizes
Answer: C. To reduce lot sizes
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