Which of the following systems has its primary goal as the r

Which of the following systems has its primary goal as the reduction of inventory levels?

Total quality management (TQM)

Just-in-time (JIT)

Computer-controlled manufacturing

All of these answer choices are correct

Solution

All the choices are correct because of following reasons

1) TQM: A key function of inventory management is to ensure that you have accurate records showing what material is in inventory and where it is located. Applying TQM processes helps you track requisitions that could not be filled or were filled incorrectly.

2) JIT:Just-in-time (JIT) is an inventory strategy companies employ to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.

3) Computer-controlled manufacturing: It  is the manufacturing approach of using computers to control the entire production process. This integration allows individual processes to exchange information with each other and initiate actions. Although manufacturing can be faster and less error-prone by the integration of computers, the main advantage is the ability to create automated manufacturing processes.