Question: Suppose that a small firm could successfully shift to a just-in-time inventory systeman arrangement in which inventory is received just as it is needed. How

Suppose that a small firm could successfully shift to a just-in-time inventory system—an arrangement in which inventory is received just as it is needed. How would this affect the firm’s working-capital management?

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In the current business scenario organizations need to obtain the competitive advantage so as to maintain its position in the market This can be done by the effective use of the resources so as to get ... View full answer

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