Question: Just - in - time ( JIT ) , is an inventory management approach in which goods are received from suppliers only as they are

Just-in-time (JIT), is an inventory management approach in which goods are received from suppliers only as they are needed or just-in-time for production as opposed to the Just-in-case (JIC) approach.Compare and contrast thekey differences between JIT and JIC inventory management approach. Justifyyour answer with appropriate examples

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