Marketing
7th Edition
ISBN: 9781260428292
Author: Grewal, Dhruv
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Question
Chapter 16.4, Problem 6PC
Summary Introduction
To determine: The reason for the popularity of just in time inventory.
Introduction: Just in time is a method which is used by the manufacturing industry to reduce the inventory cost. The just in time method increases the efficiency of the manufacturing industry by reducing the waste of raw material in the production.
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