Explore BrainMass

Explore BrainMass

    Just-in-Time Inventory System

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    How does a just-in-time inventory system benefit a firm? What conditions are needed for its successful use?

    What are the five Cs of credit? Explain why each is relevant.

    © BrainMass Inc. brainmass.com October 10, 2019, 1:28 am ad1c9bdddf

    Solution Preview

    JIT (just in time) inventory can assist a company in lowering overhead for paying to warehouse products. Since products are shipped in just when they are needed (just in time for usage or shipping out), they don't sit for a long time on the warehouse shelves. The company saves space ...

    Solution Summary

    This solution goes through just-in-time inventory systems within the context of management tools and techniques.