Question: Many organizations are implementing production process innovations designed to move more to a just-in-time (JIT) systems emphasizing lean manufacturing. One of the goals of this

Many organizations are implementing production process innovations designed to move more to a just-in-time (JIT) systems emphasizing lean manufacturing. One of the goals of this process is to minimize inventory storage costs for production inputs and outputs. Describe the impact of the production environment on the balance sheets of companies that use JTT compared to companies that do not utilize this approach.

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