Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 29, 2024

What is the JIT inventory management? What type of costs are minimized with JIT control? In order to use JIT, is it better to have

What is the JIT inventory management? What type of costs are minimized with JIT control? In order to use JIT, is it better to have high ordering costs or low? Why? Do you think companies that use JIT inventory control tend to have high or low carrying costs? Why? Find an example of the company (other than Ford) online and discuss how that company has used JIT.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions

Question

What inference can be drawn about the shape of the population when the sample mean is much larger than the sample median?

Answered: 1 week ago

Question

★★★★★

Ionic Charge, is a newly organized manufacturing business that plans to manufacture and sell 60,000 units per year of a new product. The following estimates have been made of the company's costs and...

Answered: 1 week ago

Question

★★★★★

9. please show the details,thanks for your help 9. A 1-year long forward contract on a non-dividend-paying stock is entered into when the stock price is $40 and the risk-free rate of interest is 10%...

Answered: 1 week ago

Question

★★★★★

Given the following Treasury securities and their current prices: 1 Security 1 2 3 4 5 6 2 Type T-bill T-bill T-note T-note T-note T-note 3 Maturity (Years) 0.50 1.00 1.50 2.00 2.50 3.00 a. Using the...

Answered: 1 week ago

Question

★★★★★

The form of energy processed by vision is ______________. Question 20Answer a. Sound waves b. Light waves c. Chemical signals d. Electric impulses

Answered: 1 week ago

Question

★★★★★

This is based on the plastic straw articles below. Be sure to base your analysis on the snippets provided. Be specific in the analysis, especially for the industries and the stakeholders. Based on...

Answered: 1 week ago

Question

★★★★★

Supply chain manager proposes two altenatives 4 week lead time reduction by workign with alternative supplier or Reducing the number of DCs 10 reduction in number of DCs a. Which alternative do you...

Answered: 1 week ago

Question

★★★★★

A lab technician wants to measure the terminal voltage of a battery connected to a load resistor R-2 Q. The battery has r 0.50 internal resistance and emf e-5V. The lab technician being amateur...

Answered: 1 week ago

Question

★★★★★

Julia mark and Peter own a rental property as tenants in common. Julia owns a 40% share, mark owns a 35% share and Peter owns the remaining 25%. the property generates $2000 in rental income for the...

Answered: 1 week ago

Previous Question Next Question