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CIMAPRA19-E01-1 Exam - Topic 2 Question 76 Discussion

Which of the following statements regarding Just-In-Time (JIT) are true?1:The main aim of JIT it to ensure a business has a sufficient amount of leftover stock, just in case it's needed further down the line.2:Although the benefits of JIT are many, its use can end up harming supplier relations.3:JIT generally results in lower costs for the business using it.
A) 3
B) 1
C) 2
D) 1 + 2
E) 2 + 3
F) 1 + 3
G) 1 + 2 + 3

CIMAPRA19-E01-1 Exam - Topic 2 Question 76 Discussion

Actual exam question for CIMA's CIMAPRA19-E01-1 exam
Question #: 76
Topic #: 2
[All CIMAPRA19-E01-1 Questions]

Which of the following statements regarding Just-In-Time (JIT) are true?

1:The main aim of JIT it to ensure a business has a sufficient amount of leftover stock, just in case it's needed further down the line.

2:Although the benefits of JIT are many, its use can end up harming supplier relations.

3:JIT generally results in lower costs for the business using it.

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Suggested Answer: A

by Billye at Oct 16, 2023, 11:40 PM

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Tawna
8 months ago
JIT definitely focuses on efficiency over excess stock.
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Marya
8 months ago
Wait, can JIT really hurt suppliers? That seems off.
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Roxane
8 months ago
Lower costs? Yes, that's a big plus of JIT!
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Kenneth
8 months ago
Totally agree, JIT can strain supplier relationships.
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Detra
9 months ago
JIT is all about minimizing leftover stock, not having more.
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Raina
9 months ago
I feel like I might have mixed up the statements. I remember JIT aims for efficiency, not just leftover stock, so maybe D is the right choice?
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Oliva
9 months ago
I practiced a similar question where JIT was linked to cost reduction, so I think statement 3 is true.
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Yen
9 months ago
I’m not sure about the supplier relations part in statement 2. I think it can be tricky, but I feel like it could be true.
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Ezekiel
9 months ago
I remember JIT is about minimizing inventory, so I think statement 1 is definitely false.
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Dyan
9 months ago
Okay, I think I've got it. The third statement about lower costs makes sense, so that's likely one of the true ones. Now I just need to figure out which other statements are accurate.
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Kenny
9 months ago
The second statement about supplier relations is interesting. I wonder if there are any potential downsides to JIT that I should be aware of. I'll make sure to consider that angle.
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Dorethea
9 months ago
Hmm, I'm a bit confused by the wording of the first statement. Isn't the main aim of JIT to reduce inventory, not ensure leftover stock? I'll need to re-read that one carefully.
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Gail
10 months ago
This question seems pretty straightforward. I'll focus on understanding the key points about JIT and then select the option that best matches the true statements.
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Ashton
10 months ago
Hmm, this is a tricky one. I'm not 100% sure what the definition of synergy is, but I think it has to do with different parts working together to create something greater. Maybe A is the odd one out since it's just a bunch of separate businesses in a mall, not really working together.
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Owen
10 months ago
I like the strategy of empowering employees to resolve issues on the spot. Option A seems to capture that idea the best. I'll select that one and move forward.
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Artie
10 months ago
I’m kind of torn between the options. I thought it was 62, but now I’m questioning if it was actually 37 for females.
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Juan
10 months ago
I remember learning about the BIOS boot sequence in class, but I'm drawing a blank on the details right now. I'll have to carefully read through the options and see which ones make the most sense.
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