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Q 2.25: Riley Corporation uses a just-in-time (JIT) manufacturing system. A price increase is expected in a component part that Riley uses in its production
Q 2.25: Riley Corporation uses a just-in-time (JIT) manufacturing system. A price increase is expected in a component part that Riley uses in its production process. Under this circumstance, it is appropriate for Riley to change to a first-in-first-out inventory system. B change to a computer-controlled production system. carry a smaller inventory of the part than normal. D carry a larger inventory of the part than normal
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