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need explanation for each of the advatages of jit Pls - JIT contributes in reducing the waste by avoiding overproduction, limiting waiting time, minimizing product

need explanation for each of the advatages of jit Pls
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- JIT contributes in reducing the waste by avoiding overproduction, limiting waiting time, minimizing product defects, and facilitating more efficient processing. - JIT contributes in minimizing excess inventory by facilitating more storage space, and as the inventory is less, so, fewer people are required to manage it

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