Write down two benefits and two risks of using just-in-time purchasing. Think of one type of business
Question:
Write down two benefits and two risks of using just-in-time purchasing. Think of one type of business for which just-in-time purchasing would be useful and one type of business for which it would be unsuitable.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (2 reviews)
Benefits of JustInTime Purchasing 1 Cost Reduction With justintime JIT purchasing a company only ord...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
Design a Java class that represents a cache with a fixed size. It should support operations like add, retrieve, and remove, and it should evict the least recently used item when it reaches capacity.
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
A magnet of mass 5 . 0 1 kg is suspended from the ceiling by a cord as shown. A large magnet is somewhere off to the right, pulling on the small hanging magnet with a constant force of F = 8 0 . 4 N...
-
Joints, or cracks in rocks, are natural passageways for air and water. What should happen to joints with time? See Fig. 4.2.
-
Septian, Inc.s return on equity is 16 percent, and the management plans to retain 60 percent of earnings for investment purposes. What will be the firms growth rate?
-
Vietnamese Coffee Coyote. Many people were surprised when Vietnam became the second largest coffee producing country in the world in recent years, second only to Brazil. The Vietnamese dong, VND or...
-
A container of car antifreeze is supposed to hold 3785mL of the liquid. Realizing that fluctuations are inevitable, the quality-control manager of the Taconic Chemical Company wants to be quite sure...
-
pointj 42 45 y X Solve for y. Oa Ob O c Od 4 8 42 82
-
Covidien (NYSE: COV), a leading global provider of healthcare products, today announced definitive agreements to sell its Sleep Diagnostics and Oxygen Therapy product lines and a proposal to sell its...
-
Write down two types of expense that might be unpaid at the accounting date and so recorded as accruals.
-
What is total internal reflection, and how is it related to the critical angle?
-
What are the differences between the income statement and the cash flow statement? Explain with a practical example of each list.
-
T&H Research and Consulting requires $330,000 to replace its mainframe computer. A bank will lend the funds on a simple discount note for 150 days at a discount rate of 11% Find the tace value...
-
Apex Company prepared the statement of cash flows for the current year that is shown below: Apex Company Statement of Cash Flows-Indirect Method Operating activities: Net income $ 40,400 Adjustments...
-
21. A 100 percent equity financed company reported $80 million EBIT (Earnings before interest and taxes) in 2013. The cost of equity is 15 percent. The company has 12 million shares outstanding. Each...
-
3 . When auditing the sales of a company one should always examine the bank statements. Required: List the reasons why a bank statement can assist in an audit of sales and also list its limitations .
-
In July 2008 Miller Brewing Co. and Coors Brewing Co. formed a joint venture to better compete with the dominant beer manufacturer, Anheuser Busch. The venture was named "MillerCoors LLC." Under the...
-
What is the difference between direct materials and indirect materials?
-
How does the accounting equation represent the transfer of labour costs to work in progress?
-
How does the accounting equation represent the transfer of labour costs to work in progress?
-
How does the accounting equation represent the transfer of production overhead costs to work in progress?
-
Required: Following Simplicity Financial and Business Advisory Group Pty Ltd policies and procedures prepare the following: Task 1 Financial statement analysis The client needs a review of financial...
-
SCC Company reported the following for the current year.Net sales$ 57,000Cost of goods sold47, 200Beginning balance in inventory2,900Ending balance in inventory8,960Compute (a) inventory turnover and...
-
You are an assistant financial consultant for Simplicity Financial and Business Advisory Group PtyLtd, and you have been notified the client converted their business to a public company PTCG Ltd....
Study smarter with the SolutionInn App