Question: Discuss JIT. Why has the JIT approach to inventory control become popular in some industries? How does the JIT approach compare to the EOQ approach

Discuss JIT. Why has the JIT approach to inventory control become popular in some industries? How does the JIT approach compare to the EOQ approach to inventory management? Should JIT be adopted by all inventory managers? Why or why not? (8 points: Minimum 400 words)

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