What is the jit inventory management

Reference no: EM13260526

What is the JIT inventory management? What type of costs are minimized with JIT control? In order to use JIT, is it better to have high ordering costs or low? Why? Do you think companies that use JIT inventory control tend to have high or low carrying costs? Why? Find an example of the company (other than Ford) online and discuss how that company has used JIT.

Reference no: EM13260526

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