A number of manufacturers recently have moved to a JIT inventory system. JIT systems have a number
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A number of manufacturers recently have moved to a JIT inventory system. JIT systems have a number of potential benefits but also can have negative consequences for a company whose suppliers are not dependable.
Required:
1. Discuss the reasons a company might implement a JIT system.
2. What are the potential benefits of a JIT system?
3. What are the potential negative consequences of using a JIT system?
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Related Book For
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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