Question

question # 10
multiple select
michael has been hired as a management consultant to a large transportation company that engages in mostly international transportation of goods. he has been specifically tasked with implementing the just - in - time (jit) management philosophy throughout the company. the freight of the company is widely varied, as are its destinations. which of these possible actions might michael take to properly implement the jit management philosophy? (select all that apply.)

institute a plan to reduce the numbers of countries served by the business based on economic assessment of their overall value.
conduct an assessment of which areas of the companys sales result in the most on - shelf time for inventory.
investigate potential new subcontractors in the local hubs for the company to reduce the need for shipping.
create a plan for use of larger warehouses in some major locations hinging upon frequent sales in their area.

Explanation:

Just - In - Time (JIT) management focuses on reducing inventory holding costs and improving efficiency. Conducting an assessment of on - shelf time for inventory helps in understanding inventory turnover which is relevant to JIT. Investigating local subcontractors can reduce shipping time and inventory (as less time in transit means less inventory in the pipeline). Using larger warehouses in areas with frequent sales (if based on demand - driven principles) can also be in line with JIT as it ensures inventory is available just when needed in high - demand areas. Reducing the number of countries served based on economic assessment is more of a strategic decision not directly related to the core of JIT (which is about inventory and process flow optimization).

Answer:

B. Conduct an assessment of which areas of the company’s sales result in the most on - shelf time for inventory.
C. Investigate potential new subcontractors in the local hubs for the company to reduce the need for shipping.
D. Create a plan for use of larger warehouses in some major locations hinging upon frequent sales in their area.