Question

Production of Sliver's latest small car, the Beetle, has been a dramatic improvement compared to its previous product, Quiver. The production target of 2,000 Beetle cars per day has been reached only within 10 weeks since the launch date, which is less than the time they needed for Quiver. Which of the following, if true, would suggest that Sliver adopted a JIT strategy for the Beetle?a. Sliver acquired one of its major distributors before the production of the Beetleb. Sliver has recently made a substantial investment in acquiring warehouses close to its production facilities. c. Sliver acquired a fleet of airplanes to ensure that all the components it sourced from across the world were unaffected by supply bottlenecks in other countries.d. All of Sliver's production factories have their own purchase departments that help the company achieve benefits of scale discounting

Answer 1

C) Sliver acquired a fleet of airplanes to ensure that all the components it sourced from across the world were unaffected by supply bottlenecks in other countries.

Step-by-step explanation:

Just in time (JIT) inventory system is an inventory management method which tries to reduce inventory levels and increase efficiency. The whole purpose of JIT is to decrease costs (less inventory = lower costs) by receiving inputs and materials only when needed. It was first implemented by Toyota during the 1970s, that's why it's also called Toyota Production System.