Just-in-time manufacturing system, Financial Accounting

Which of the following statements is FALSE of Just-In-Time (JIT) manufacturing systems?

Answer

Demand pull means a closer relationship with the customer.

The power of suppliers is reduced.

Warehousing space and equipment needs are reduced.

After process re-engineering, time to complete the product is reduced.

Posted Date: 4/3/2013 4:01:59 AM | Location : United States







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