Question: Ordering parts only when needed allows a company to customize products. Defective parts are noticed more quickly than in a traditional warehouse system. JIT creates
Ordering parts only when needed allows a company to customize products.
Defective parts are noticed more quickly than in a traditional warehouse system.
JIT creates a nearly errorfree production process.
It reduces the costs related to inventory holding which creates a larger budget for product enhancement.
It reduces the need to write off excess unsold inventory against earnings.
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