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Question 1 A just-in-time inventory system (JIT), is an inventory strategy where raw materials and supplies are ordered and received as they are needed. (a)
Question 1 A just-in-time inventory system (JIT), is an inventory strategy where raw materials and supplies are ordered and received as they are needed.
(a) Explain the benefits of using JIT system to Malaysian SMEs (small medium enterprises) clothing market. [25 marks]
b) Discuss the risks associated with implementing a JIT system. [25 marks]
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