17. Inventory Turnover. Japanese industry is often praised for its just-in-time inventory practice between industrial buyers and
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17. Inventory Turnover. Japanese industry is often praised for its just-in-time inventory practice between industrial buyers and industrial sellers. In the context of the "Days Receivables" turnover in Exhibit 21.5, what is the comparative impact of the just-in-time system in Japan? Are there any risks associated with this system? Do you think this applies equally to Japanese manufacturing firms. sourcing raw material and components in Japan and those sourcing similar items from Thailand and Malaysia?
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Related Book For 
Fundamentals Of Multinational Finance
ISBN: 9780321541642
3rd Edition
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
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