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Answer the Following Questions Pertaining to Just-In-Time Inventory Management

Question 25

Essay

Answer the following questions pertaining to just-in-time inventory management:
a. What are key elements of the JIT philosophy?
b. What elements of the JIT approach contribute to reducing materials inventory?
c. Why do proponents of JIT believe inventory is an enemy?

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a. Key elements of the JIT philosophy inclu...

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