Answer:
B) Quick response (QR) or Just in Time (JIT)
Step-by-step explanation:
This is a just in time (JIT) inventory management method, or Toyota system, whichever we want to use. Toyota developed it during the 1970s and they are extremely efficient with. It greatly reduces total costs by lowering inventory costs. I once visited a Toyota pickup and it is really amazing how their total inventory of engines was 4, and they produced over 150,000 trucks per year. All they had was 4 engines at hand, imagine they work 365 days a year, so that means that they finish 411 trucks per day.
The system s not only based on having a small inventory, the whole production process flows seamlessly and every working station was the same. They also required that their suppliers work coordinately and in a similar fashion. Imagine inventory holding costs are virtually 0 and they barely have any inventory.
This is one of the reasons why Japanese manufacturers, all use some type of JIT manufacturing now, are able to provide high quality cars at much lower prices. Other industries also try to replicate that model, some more successfully than others. The only downside is that if something goes wrong, remember the tsunami a few years ago in Japan, the whole process stops immediately since there is no "just in case" inventory.