What is the full form of "JIT"?
A. Just In Trade
B. Job Idle Time
C. Just In Time
D. Indian Job Trade
Answer: Option C
Solution(By Examveda Team)
Just-in-time, or JIT, is an inventory management method in which goods are received from suppliers only as they are needed. The main objective of this method is to reduce inventory holding costs and increase inventory turnover.This Question Belongs to Abbreviations >> Business Abbreviations
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