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Exam L4M7 All Questions
Exam L4M7 All Questions

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CIPS Level 4 Diploma in Procurement and Supply L4M7 Question # 71 Topic 8 Discussion

L4M7 Exam Topic 8 Question 71 Discussion:
Question #: 71
Topic #: 8

Which of the following are essential aspects that are required for the successful implementation of Just-In-Time (JIT)? Select TWO that apply.


A.

The purchasing of parts in bulk at lower prices covers the costs of delivery and storage required for JIT


B.

Parts must arrive where they are needed, when they are needed, and in the exact quantity needed


C.

All parts arriving must be of a quality standard which is usable and free from defects


D.

The cost of carrying increased parts inventory to meet customer demand is transferred to the customer


E.

Suppliers must hold a buffer stock of components to ensure that they are able to meet JIT demand


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