The just-in-time operating environment focuses on reduction or eliminating the waste of resources. Resources include physical assets

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The just-in-time operating environment focuses on reduction or eliminating the waste of resources. Resources include physical assets such as machinery and building, labor time, and materials and parts used in the production process. Choose one of the those resources and describe how it could be wasted. How can an organization prevent the waste of that resources? How can the concept of continuous improvement be implemented to reduce the waste of that resource?

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Managerial Accounting

ISBN: 9780538742801

11th Edition

Authors: Susan V. Crosson, ‎ Belverd E. Needles

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