Ask Question
BusinessBusiness
6 June, 03:38

Because manufacturers with jit systems produce merchandise closer to the time of sale, they can

+5
Answers (1)
  1. 6 June, 05:56
    0
    These companies are able to reduce the inventories required to satisfy the demand of the retailers. With a JIT system, the company does not have to worry as much about waste product or overproducing, since the final item is being manufactured just before the deadline. This allows the company to run on a much tighter production schedule and lessens waste.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Because manufacturers with jit systems produce merchandise closer to the time of sale, they can ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The Bears Corporation has provided you the following information:Increase in accounts receivable balance 50,000 Net sales 500,000 Gross profit as a percentage of net sales 40%Increase in the inventory account 45,000 Accounts payable balance
Answers (1)
Your company manufactures children's toys, and you want to keep the prices as low as possible for individual consumers. Which of the following things could you do to keep prices low? A. Add subcontractors to the manufacturing process. B.
Answers (1)
A teacher instituted a new reading program at school. after 10 weeks in the program, it was found that the mean reading speed of a random sample of 21 second grade students was 94.8 wpm.
Answers (2)
Do you think the road the speaker took was really the less traveled one? What line supports your answer?
Answers (1)
Fallon Corporation reports net income of $370,000. Accounts Receivable balances at the beginning and end of the year were $40,000 and $48,000, respectively. Beginning and ending Inventory balances were $60,000 and $54,000, respectively.
Answers (1)
New Questions in Business
Omaha Plating Corporation is considering purchasing a machine for $1,500,000. The machine is expected to generate a constant after-tax income of $100,000 per year for 15 years.
Answers (1)
36. A manufacturer's or supplier's use of an independent third party to manage an entire function of the logistics system, such as transportation, warehousing, or order processing, is called: a. outsourcing. b. mediation. c.
Answers (2)
The demand for salt is inelastic, and the supply of salt is elastic. The demand for caviar is elastic, and the supply of caviar is inelastic.
Answers (1)
A match is an example of something that stores what?
Answers (1)
For the following statement, state the relevant elasticity and state what its value should be (negative, positive, greater than one, zero, and so on). The demand for European vacations increases during times of rising incomes. a.
Answers (1)
Home » Business » Because manufacturers with jit systems produce merchandise closer to the time of sale, they can
Sign Up Forgot Password?