How does this relate to the amount of inventory

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Reference no: EM133446661

Questions:

1 In what ways can JIT technology be used to speed up factory layout systems and finish work in progress in small batches?

2. How does this relate to the amount of inventory? Explain the managerial accounting scope's method for determining the ideal batch size.

3. How can JIT technology significantly reduce the need for automatic rather than manual production redesign when scheduling the subsequent machine?
4. What are the JIT purchasing arrangements that result in cost savings according to the managerial accounting concept of assurance?
Unequivocally make sense of how administrative bookkeepers can consolidate the standard of consistency to lessen the effect of assortment and announcing processes specialties for viable checking frameworks. 8. Could relevance in managerial accounting's reporting systems be cause for concern?

5. Describe the feature of error correction's timeliness as an essential goal of the GOOD Reporting System.

6. Explain how managerial accounting can monitor internal control checks by introducing accuracy in the essentials of the reporting system. How does it affect the way they do their jobs and make decisions?

7. How could the component of fluctuation be sifted in to apply to the science level of the designing strategy for relationship in administrative bookkeeping? Discuss the significance of Bayesian statistics in the accounting in managerial dynamics decision-making process.

Reference no: EM133446661

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