Describe how inventory costs can affect pricing

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Reference no: EM133982162

Questions:

  1. Explain what JIT is and how JIT impacts costs.
  2. Explain ways your current employer or an organization that you know has reduced waste or could reduce waste as a result of JIT strategies.
  3. Describe how inventory costs can affect pricing.
  4. Provide examples of how purchasing and inventory controls are related to inventory.

Reference no: EM133982162

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