1331. Buying of goods or materials for production in a way that they are delivered directly on manufacturing facility of company is called

economic order quantity purchasing
annual purchasing
just in time purchasing
both a and b
✅ The correct answer is C.
Buying of goods or materials for production in a way that they are delivered directly on manufacturing facility of company is called just in time purchasing. Just-in-time purchasing (JIT purchasing) is a cost accounting purchasing strategy. You purchase goods so that they’re delivered just as they’re needed to meet customer demand.

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