is a system in which material purchases are contracted so that the receipt and usage of material to...........

Costing - Phase (I & II) Lean System and Innovation

____________ is a system in which material purchases are contracted so that the receipt and usage of material, to the maximum extent possible, coincide.

Just-in-time production

Just-in-time purchasing

Kaizen Costing

Total Productive Maintenance

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Explanation:

Just-in-time purchasing: Purchasing system in which material purchases are contracted so that the receipt and usage of material, to the maximum extent possible, coincide.