Ask Question
EngineeringEngineering
8 December, 10:57

What is JIT and why would you advocate it to reduce inventory?

+2
Answers (1)
  1. 8 December, 11:50
    0
    Just in time inventory is a system of managing inventory. It is a method to reduce waste, lower cost and increase profit. According to it the raw material orders are directly aligned with the production schedules. In simple words every component of a unit is arriving just in time to be used.

    So JIT would be advocated to reduce inventory.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is JIT and why would you advocate it to reduce inventory? ...” in 📙 Engineering if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What instrument is used to measure temperature?
Answers (1)
Silicon is the most widely used semiconductor material for integrated circuits. Which of the following are less common semiconductor materials used for ICs (two best answers) : (a) boron, (b) boron nitride, (c) gallium arsenide, (d) germanium, (e)
Answers (1)
1. A car mechanic had a sealed bucket containing a substance in the gas phase. She left the bucket outside over the weekend. When she returned, the substand had changed phase, and the substance was in the liquid phase.
Answers (1)
Approximately how many distributions of Linux are available in different forms and formats? A. 100 B. 200 C. 1,000 D. 2,000
Answers (1)
9. A beginning service technician earns $400 per week. How much should the technician spend on vehicle payment? a. $400 per month b. $500 per month c. $800 per month d. $1000 per month 10.
Answers (1)
New Questions in Engineering
16 Suppose that a steel of eutectoid composition is cooled to 550°C (1020°F) from 760°C (1400°F) in less than 0.5 s and held at this temperature.
Answers (1)
The rotor in a shaded pole motor consists of A coils energized by alternating current B a short circuited loop of copper wire c a permanent magnet D an iron cylinder
Answers (1)
What factors are likely to promote the formation of stress corrosion cracks?
Answers (1)
Find the mass if the force is 18 N and the acceleration is 2 m/s2
Answers (2)
Which process must first take place in order for the proteins in foods to be used by body cells? (1) digestion (3) synthesis (2) storage (4) excretion
Answers (1)
Home » Engineering » What is JIT and why would you advocate it to reduce inventory?
Sign Up Forgot Password?