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    The main advantages of JIT system are that

    I.          it is effective over fluctuating demand
    II.         quality defects are reduced to zero
    III.        lot-size and queue length are reduced
    IV.        short-term planning is there

    Options :-

    1. I and IV
    2. II and III
    3. I, II and III
    4. II, III and IV
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