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By drastically reducing inventories, manufacturers can increase the utilization of more floor space. This is an example of a

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Drastically reducing inventories to help manufacturers increase the utilization of more floor space is an example of B. a just-in-time (JIT) inventory system.

What is a Just-inTime inventory system?

A Just-in-Time inventory system is inventory management that ensures that raw materials for production arrive as needed.

With a Just-in-Time system, inventory arrives as production is scheduled to begin.

The purpose of a Just-in-Time system is to reduce inventory on hand to the minimum just to meet demand.

A. a merchandising inventory system.

B. a just-in-time (JIT) inventory system.

C. a finished goods inventory system.

D. determining inventory quantities.

Thus, reducing inventories to help manufacturers increase the utilization of more floor space is an example of B. a just-in-time (JIT) inventory system.

Learn more about the Just-in-Time inventory system at https://brainly.com/question/8842151

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