The Just-in-time (JIT) inventory. Introduction: JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

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Chapter 20, Problem 8CRCT

Summary Introduction

To discuss: The Just-in-time (JIT) inventory.

Introduction:

JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

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Students have asked these similar questions

answer these question in just two sentences. a..“If a firm sold some inventory on credit, its current ratio would probably not change much, but its quick ratio would increase.” If it is possible give reason in two sentences. b. In general, it's better to have a low inventory turnover ratio than a high one, as a low ratio indicates that the firm has an adequate stock of inventory relative to sales and thus will not lose sales as a result of running out of stock. If it is false give reason in two sentences. c. “It is appropriate to use the fixed assets turnover ratio to appraise firms' effectiveness in managing their fixed assets if and only if all the firms being compared have the same proportion of fixed assets to total assets.” If you are not agreed with this statement give justification in two sentences.

Liquity Rate A firm used 1 million in cash to puchase inventory. Will its current ratio rise or fall? Will its quick ratio rise or fall? Please cplain both.

D4 Please explain this quote! "Sometimes it takes longer to create value, but if companies generate more earnings, [their stocks' prices] will ultimately reflect that. ” ― Nelson Peltz

Answer 2

Question

Chapter 20, Problem 8CRCT

Summary Introduction

To discuss: The Just-in-time (JIT) inventory.

Introduction:

JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

Expert Solution & Answer

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Answer 3

Question

Chapter 20, Problem 8CRCT

Summary Introduction

To discuss: The Just-in-time (JIT) inventory.

Introduction:

JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

Expert Solution & Answer

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Answer 4

Question

Chapter 20, Problem 8CRCT

Summary Introduction

To discuss: The Just-in-time (JIT) inventory.

Introduction:

JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

Expert Solution & Answer

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Answer 5

Chapter 20, Problem 8CRCT

Summary Introduction

To discuss: The Just-in-time (JIT) inventory.

Introduction:

JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

Answer 6

Chapter 20, Problem 8CRCT

Summary Introduction

To discuss: The Just-in-time (JIT) inventory.

Introduction:

JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

Answer 7

Chapter 20, Problem 8CRCT

Summary Introduction

To discuss: The Just-in-time (JIT) inventory.

Introduction:

JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

Answer 8

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Answer 11

Ch. 20.1 - Prob. 20.1ACQ Ch. 20.1 - Prob. 20.1BCQ Ch. 20.2 - What considerations enter into the determination...Ch. 20.2 - Explain what terms of 3/45, net 90 mean. What is...Ch. 20.3 - Prob. 20.3ACQ Ch. 20.3 - Explain how to estimate the NPV of a credit policy...Ch. 20.4 - What are the carrying costs of granting credit?Ch. 20.4 - What are the opportunity costs of not granting...Ch. 20.4 - Prob. 20.4CCQ Ch. 20.5 - Prob. 20.5ACQ

The Just-in-time (JIT) inventory. Introduction: JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

Solution Summary: The author explains just-in-time (JIT) inventory as a company's strategy of increasing efficiency and reducing waste by obtaining goods only as needed in the process production.

Videos

To discuss: The Just-in-time (JIT) inventory.

Introduction:

JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

Want to see the full answer?

Chapter 20 Solutions

The Just-in-time (JIT) inventory. Introduction: JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

Solution Summary: The author explains just-in-time (JIT) inventory as a company's strategy of increasing efficiency and reducing waste by obtaining goods only as needed in the process production.

Videos

To discuss: The Just-in-time (JIT) inventory. Introduction: JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.

Want to see the full answer?

Chapter 20 Solutions

To discuss: The Just-in-time (JIT) inventory.

Introduction:

JIT refers to company’s strategy of inventory used for increasing the efficiency and reducing waste by obtaining goods only as they are required in the process production.