Answer :
Mr. D using just in time inventory system to reducing travel expenses and waiting periods.
What is a time inventory?
- The time it takes to generate and fulfill a client order is known as the inventory cycle time, and it is typically expressed in days.
- It basically gauges how quickly a business can finish the entire manufacturing or assembly process, transforming raw materials or components into a marketable product.
- In inventory management, lead time refers to the period of time between placing and receiving an order to replenish inventory.
- The quantity of stock a firm must hold at any given time is influenced by lead time.
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