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The just-in-time inventory method is an approach where materials, parts, and other goods are ordered only in quantities required to meet immediate production needs. These items are then carefully scheduled to be received at precisely the time they are needed. This increases efficiency, reduces waste, and ultimately minimizes inventory carrying costs. JIT was developed in Japan and is also known as the Toyota Production System. A contrasting approach to JIT is called just-in-case (JIC). With JIC, companies that have difficulty with forecasting carry large inventories to minimize the risk of shortages.Which of the above methods would you prefer as a manager and why??
calculating break-even and graphing. the north kingstown cancer infusion therapy division expects tremendous growth
The Internal Revenue Code
What are two of the most important payment services provided by financial institutions? To what extent do these services efficiently provide benefits to the economy?
Prepare a stockholders' equity section at December 31, 2011 and compute the book value per share of the common stock, assuming the preferred stock has a call price of $110 per share.
why are liquidity ratios important in analyzing a companys financial health? what does it mean if a company cannot meet
Jones' legal counsel believes the following will happen in relationship to these incidents:
As a result, they estimate that gross profit will increase by $43,208 and operating expenses by $71,922. Compute the expected new net income.
Which of the following is not true about closing entries?
1.an budget provides an estimate of activity or workload in a department or cost center for the upcoming budget
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clemente co. owned all of the voting common stock of snider co. on january 2 2010 clemente sold equipment to snider for
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