Just-in-time inventory management processes, Financial Management

Assignment Help:

Q. Just-in-time inventory management processes?

Just-in-time (JIT) inventory management processes seek to eliminate any waste that arises in the manufacturing process as a result of using inventory. JIT purchasing processes apply the JIT principle to deliveries of material from suppliers. With JIT production processes inventory levels of raw materials work-in-progress and finished goods are reduced to a minimum or eliminated altogether by improved work-flow planning and closer relationships.


Related Discussions:- Just-in-time inventory management processes

Operational cycle, using the operating cycle and any other financial manage...

using the operating cycle and any other financial management knoweledge,dicuss the applicability of such a cycle to the poultry biussiness in uganda (consider broilers)

Advantages of just-in-time inventory management, Q. Advantages of Just-in-t...

Q. Advantages of Just-in-time inventory management? JIT inventory management methods look for eliminate waste at all stages of the manufacturing process by minimising or elimin

Show function of the financial decision, Q. Show Function of the Financial ...

Q. Show Function of the Financial decision? Financial decision: the second major decision is involved in financial management is the financial decision the investment decision

20x6 the balances in the several accounts , At the end of March, 20X6 the ...

At the end of March, 20X6 the balances in the several accounts of Nitin & Company are as follows:

Enhance or maintain its image and reputation, a) Marketing might be vital t...

a) Marketing might be vital to an organisation such as WHSG for several reasons, including: • The need to be a focus for the right kind of students to the school (there are riva

Multi-period compounding or else future value, Multi-period Compounding or ...

Multi-period Compounding or else Future Value :- If the company determination compounding interest half-yearly (semi-annually) instead of annually then investors will gain as he wi

Explain the meaning of ledger, Question 1 Write short notes on following- ...

Question 1 Write short notes on following- Explain any five important functions of accounting What is Book-Keeping? Explain features of book-keeping Question 2 Ex

What is business combinations, Q. What is Business Combinations? Combin...

Q. What is Business Combinations? Combining of two entities. Under PURCHASE METHOD OFACCOUNTING, one entity is deemed to attain another and there is a new basis of accountingfo

Is it possible to make money in the stock market, Is it possible to make mo...

Is it possible to make money in the stock market when the quotations are going down? What is credit sale? There are three simple moves to make money when prices are going down:

Determine the optimal production quantity, Water Wheelies manufactures high...

Water Wheelies manufactures high-pressure sprinkler heads. These are produced periodically at a rate of 20,000 per month. Demand is steady at 15,000 per month. Each production run

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd