Question: Why has the JIT approach to inventory control become popular in some industries? How does the JIT approach compare to the EOQ approach to inventory

Why has the JIT approach to inventory control become popular in some industries? How does the JIT approach compare to the EOQ approach to inventory management? Should JIT be adopted by all inventory managers? Why or why not?

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One of the most common approaches to inventory management is the justintime approach In todays business environment discussions focus on JIT manufactu... View full answer

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