Characteristics of just-in-time partnerships do not include

A) removal of in-transit inventory.
B) large lot sizes to save on setup costs and to gain quantity discounts.
C) long-term contracts.
D) few suppliers.
E) buyer helps supplier to meet the quality requirements.

Just-In-Time Partnerships

Collaborations between companies that focus on producing or delivering goods only as they are needed, to reduce inventory costs and increase efficiency.

Large Lot Sizes

Refers to the practice of producing or purchasing goods in large quantities, typically to achieve economies of scale but potentially leading to increased inventory costs.