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







Related Discussions:- Just-in-time manufacturing system, Assignment Help, Ask Question on Just-in-time manufacturing system, Get Answer, Expert's Help, Just-in-time manufacturing system Discussions

Write discussion on Just-in-time manufacturing system
Your posts are moderated
Related Questions
The December 31, 2005, balance sheet of Far Imports includes the following items: The bonds were issued on December 31, 2004, at 97, with Interest payable on June 30 and December 3

I would like you to take the second set of data from session 8 (the one you worked with in the first participation exercise) and do the following: 1.  Determine the number of gr

Q. Explain Statement of Financial Condition? Statement of Financial Condition -Elementary FINANCIAL STATEMENT, generally accompanied by appropriate DISCLOSURES which describe t

Q. Effect of Additional Debt Finance on Financial Position? Debt finance of $3·2m would raise gearing on a book value basis from 54% to 203% ((1167 + 3200)/2150) which is five

Question: Consider a project that involves the purchase of a $100,000 machine.  The machine will last for three years.  It is expected to produce 20,000 units per year.  The sa

Q. What is Bequest? Bequest - A gift by will of personal property. If bequest is money to the extent it's paid out ofincome from property it is taxable to the recipient. Normal

1. Calculate the profitability index for a project that has a net present value equal to -$10,000. The project's net investment is $20,000. 2. A project requires a net investmen

An entity had the following transactions during the year ended 31 December 2010: The entity invested in a convertible bond on its issue date. The bond matures four years aft

Q. Design a organisational strategy? The objectives to which organisational approach relates depend on the relative power of different stakeholders associated with the company

Objectives of Inventory management After going through this section, you will be capable to: highlight the requirement for and nature of inventory; describe the meth