………… purchase means the purchase of goods or material such that delivery immediately precedes their use

………… purchase means the purchase of goods or material such that delivery immediately precedes their use

Q. ………… purchase means the purchase of goods or material such that delivery immediately precedes their use.

A.            Economic order quantity

B.            Reorder point

C.            Re-order Quantity

D.            Just in time (JIT)

Answer: Just in time (JIT)

Gkseries: Gkseries.com is a premier website to provide complete solution for online preparation of different competitive exams like UPSC, SBI PO, SBI clerical, PCS, IPS, IAS, IBPS PO, IBPS Clerical exam etc. & other graduate and post-graduate exams. Learn more on about us page