Essay
Consider the following annual information about three companies in the same manufacturing industry:
Required:
(a) Compute the following for each company:
(1) Sales per employee
(2) Inventory turnover
(3) Inventory as a percentage of sales
(b) Evaluate the relative performance of the three companies.
(c) Connolly is considering the implementation of a just-in-time (JIT) inventory system. What are the six factors necessary to successful implementation?
Correct Answer:

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(b) Ainsley and Berk are far more ...View Answer
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