Just-In-Time Inventory Not Always Cost-Effective, Study Finds
The research looked at whether using Just-In-Time (JIT) inventory management is always the best way to handle inventory. They used a simulation based on Naval Air Station Lemoore's costs for managing items. The results showed that even though JIT has benefits, it's not always the cheapest option. It's important for inventory managers to compare the costs of JIT with other methods before deciding how to manage inventory.