Purchase Solution

Asset Management and Financing

Not what you're looking for?

Ask Custom Question

Questions:
What are the pros and cons of just-in-time (JIT) inventory system?
Can JIT inventory systems be used by healthcare providers?

Please explain your answer.

Purchase this Solution

Solution Summary

This solution shows how to solve questions related to JIT inventory systems. The solution is attached in a Word document.

Solution Preview

Asset management and financing
What are pros and cons of just-in-time (JIT) inventory system?
Just-in time Inventory (JIT) is an inventory control method whereby inventory is purchased only when it is required for sales and in case of manufacturing companies, raw materials inventory is purchased only when it is required for production.
Advantages of JIT:
1) By this method, the company saves on inventory storing and carrying ...

Solution provided by:
Education
  • MPhil, Madurai Kamaraj University
  • MCom, Annamalai University
  • IATA, International Air Transport Association
Recent Feedback
  • "Great explanations on how the answers were obtained."
  • "Love the way she explains everything step by step."
  • "Solutions were thoroughly explained."
  • "Excellent explanations of how problems are solved"
  • "Thanks"
Purchase this Solution


Free BrainMass Quizzes
Balance Sheet

The Fundamental Classified Balance Sheet. What to know to make it easy.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Organizational Leadership Quiz

This quiz prepares a person to do well when it comes to studying organizational leadership in their studies.

Basics of corporate finance

These questions will test you on your knowledge of finance.

Operations Management

This quiz tests a student's knowledge about Operations Management