SE 7. The just-in-time operating environment focuses on reducing or eliminating the waste of resources. Resources include

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SE 7. The just-in-time operating environment focuses on reducing or eliminating the waste of resources. Resources include physical assets such as machinery and buildings, labor time, and materials and parts used in the production process.

Choose one of those resources and describe how it could be wasted. How can an organization prevent the waste of that resource? How can the concept of continuous improvement be implemented to reduce the waste of that resource?

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Managerial Accounting

ISBN: 9780538742801

9th Edition

Authors: Susan V Crosson, Belverd E Needles

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