Question: The goal of JIT is to decrease costs by _ _ _ _ _ _ _ _ . Question content area bottom Part 1 A

The goal of JIT is to decrease costs by________.
Question content area bottom
Part 1
A.
having large amounts of inventories
B.
having large amounts of finished goods
C.
having large amounts of raw materials
D.
getting materials just in time for 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:

If a good's price went UP by 20% and simultaneously demand went DOWN 5% what is the price elasticity of demand of this good? Question content area bottom Part 1 A. -4 B. -.25 C. 4 D. .25 Fender and...

Q:

1. Fixed overhead costs include ________. Question content area bottom Part 1 A. leasing of machinery used in a factory B. energy costs C. the cost of sales commissions D. indirect materials 2....

Q:

The goal of JIT is to decrease costs by _ _ _ _ _ _ _ _ . Question content area bottom Part 1 A . getting materials just in time for production B . having large amounts of inventories C . having...

Q:

Question content area top Part 1 Summarized versions of Heartstring Corporation's financial statements for two recent years are as follows. LOADING... (Click the icon to view the financial...

Q:

Sawyer Pharmaceuticals manufacturers an over-the-counter allergy medication. The company sells both large commercial containers of 1,000 capsules to health care facilities and travel packs of 20...

Q:

Question content area top Part 1 Petrous Company incurs both fixed and variable production costs. Assuming that production is within the relevant range, if volume goes up by 2 4 % , then the total...

Q:

necessary, round numbers up to the nearest whole dollar. (Round the tax calculation to the nearest thousand dollars. Use parentheses or a minus sign when entering a net decrease in cash) Question...

Q:

The younger managers of Al's business want to pursue economic sustainability as a goal. Al is used to traditional economic goals and is not convinced. What goal does Al most likely object to...

Q:

The younger managers of Al's business want to pursue economic sustainability as a goal. Al is used to traditional economic goals and is not convinced. What goal does Al most likely object to...

Q:

Which of the following describes the way in which total variable costs behave? Question content area bottom Part 1 A . Total variable costs decrease as production decreases. B . Total variable costs...

Q:

Complete the requirements of E22-10 using the direct method. In E22-10 Star land Corporation provided the following comparative balance sheets and income statement. Star land Corporation Income...

Q:

Suppose we have a 2D array M: } } { a) Write an algorithm to traverse this array and make a pair of brackets : Hint: [), {}, () b) Write a separate logic in a form of algorithm, as you get a bracket...

Q:

Time left 0 : 1 1 : 3 3 Bonds which require the face value ( principal ) amount to be paid back in installments over the life of the bond are called: Select one: a . convertible bonds. b . secured...

Q:

Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 par value. Your required return on Bond X is 12%; if you buy it, you plan to hold it for 5 years. You (and the...