Question: JIT ( Just in time ) methods are designed primarily to: Multiple Choice Reduce costs. Reduce inventory levels. Improve product design. Improve the accuracy of

JIT (Just in time) methods are designed primarily to:
Multiple Choice
Reduce costs.
Reduce inventory levels.
Improve product design.
Improve the accuracy of product costs.
Speed up production.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

1. Question : When completed units are transferred to the warehouse: A-)Cost of Goods Sold account is debited. B-) Cost of Goods Manufactured account is debited. C-) Finished Goods Inventory account...

Q:

\f\f\fChapter 2 Service Strategy Learning Objectives After completing this chapter, you should be able to: 1. Formulate a strategic service vision. 2. Describe how a service competes using the three...

Q:

please help! summarize and pull key concepts from the reading. The past several years have witnessed a growing awareness among American managers of the central importance to competitive success of...

Q:

About Revitalizing Dell case study. Answer the following questions: What is their organizational structure? Who are the competitors? What is their position in the market? Who is the target market?...

Q:

Write a summary or conclusion for this article on ERP. ntroduction to ERP ERP (Enterprise Resource Planning) systems are sophisticated software programs that integrate several organizational business...

Q:

a) Provide a brief description of Indigos business and what they offer customers. b) What is Goodwill? Does Indigo have Goodwill? c) How many common shares were issued and outstanding at the end of...

Q:

BOLDLY GO: CHARACTER DRIVES LEADERSHIP AT PROVIDENCE HEALTHCARE Dr. Chitra P. Reddin wrote this case under the supervision of Professor Mary Weil solely to provide material for class discussion. The...

Q:

This case helps you develop an understanding of the potential benefits of consolidating spend for a purchase category from several suppliers to a single supplier. You must be able to analyze the...

Q:

Analysis of lean construction practices at Abu Dhabi construction industry Raid Al-Aomar 1 Abstract Question: What are the current construction wastes in Abu Dhabi (AD) construction industry and what...

Q:

Question: Kencos organizational design borrows ideas from both lean management and the Theory of Constraints. Describe the unique characteristics of Kencos design and accounting system that are...

Q:

A square wire frame with side a and a straight conductor carrying a constant current I are located in the same plane (Fig. 3.86). The inductance and the resistance of the frame are equal to L and R...

Q:

Honda, the Japanese automobile company, declared and paid cash dividends in fiscal 2011 of 51 per share on 1,807.3 million shares. The declaration preceded the payment by 1 month. Prepare the journal...

Q:

Why do firms need access to capital? What sectors are demanding high levels of capital? What are some of the risks in the capital markets at this time? What ratios will be affected by firms'...

Q:

Techie Technology Company ( TTC ) is a publicly traded technology company that specializes in the creation and maintenance of finance and its capital structure. These changes include issuing new...