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    Managerial Accounting Practices for Claire's Antiques

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    Claire's Antiques would like to implement a JIT inventory system. You are to make a presentation at this afternoon's meeting on the pros and cons of JIT, as well as, how it can be applied at Claire's Antiques. Use the Library to research articles on JIT inventory systems at another company for supporting material.
    You have decided to refresh your memory on JIT by reading the article from Information Week (May 7, 2001) on Just-in-Time Inventory

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    Solution Preview

    `Just-in-time' is a management philosophy : It originally referred to the production of goods to meet customer demand exactly, in time, quality and quantity, whether the `customer' is the final ...

    Solution Summary

    The solution decides on inventory based on Just in Time techniques.