Question:
Given below are two statements: One is labelled as Assertion A and the other is labelled as Reason R:
Assertion A: J-I-T is an inventory management Technique in which the carrying cost of Goods is minimum.
Reason R: J-I-T is the cost control technique in which no need to store the stock of Goods.
In the light of the above statements, choose the most appropriate answer from the options given below:
Given below are two statements: One is labelled as Assertion A and the other is labelled as Reason R:
Assertion A: J-I-T is an inventory management Technique in which the carrying cost of Goods is minimum.
Reason R: J-I-T is the cost control technique in which no need to store the stock of Goods.
In the light of the above statements, choose the most appropriate answer from the options given below:
Assertion A: J-I-T is an inventory management Technique in which the carrying cost of Goods is minimum.
Reason R: J-I-T is the cost control technique in which no need to store the stock of Goods.
In the light of the above statements, choose the most appropriate answer from the options given below:
Updated On: Mar 15, 2024
- Both A and R are correct and R is the correct explanation of A
- Both A and R are correct but R is NOT the correct explanation of A
- A is correct but R is not correct
- A is not correct but R is correct
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The Correct Option is A
Solution and Explanation
The correct answer is (A) : Both A and R are correct and R is the correct explanation of A.
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