Define what is meant by the term just in time production ( JIT ) . As indicated
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Question:
Define what is meant by the term "just in time production" JIT As indicated in your text, management accountants can supply relevant information to management as it considers a move to JIT. In this regard, describe some of the principal advantages of using a JIT system, and then describe some of the incremental costs that would likely be associated with a move to such a system.
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