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Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 7ISBN: 978-0077733773Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
Edition 7ISBN: 978-0077733773 Exercise 36
One of the purported benefits of moving to a JIT system is improvements in customer-response time (CRT). Define the following terms: total customer-response time; manufacturing (production) cycle time; cycle-time efficiency; value-added time; and non-value-added time.
Explanation
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Just in time inventory system helps to m...
Cost Management: A Strategic Emphasis 7th Edition by Edward Blocher,David Stout ,Paul Juras,Gary Cokins
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