You are the controller of XYZ Manufacturing Company. The company is considering implementing a JIT production system. The CEO understands that the JIT system will significantly reduce the amount of inventory on hand and thus reduce carrying costs. However. the CEO is curious how the JIT implementation might impact other costs. In one or two sentences, describe how the JIT implementation is likely to impact the following costs (an answer of increase/decreaseo change/it's complicated is not sufficient on its own, please explain why you expect the cost to increase/decreaseot change/it's complicated): Question 13 7 pts Purchasing costs Internal Failure costs Edit View Insert Format Tools Table