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Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
Edition 2ISBN: 978-1111824402Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
Edition 2ISBN: 978-1111824402 Exercise 11
JIT Limitations
Many companies have viewed JIT as a panacea-a knight in shining armor that promises rescue from sluggish profits, poor quality, and productive inefficiency. It is often lauded for its beneficial effects on employee morale and self-esteem. Yet, JIT may also cause a company to struggle and may produce a good deal of frustration. In some cases, JIT appears to deliver less than its reputation seems to call for.
Required:
Discuss some of the limitations and problems that companies may encounter when implementing a JIT system.
Many companies have viewed JIT as a panacea-a knight in shining armor that promises rescue from sluggish profits, poor quality, and productive inefficiency. It is often lauded for its beneficial effects on employee morale and self-esteem. Yet, JIT may also cause a company to struggle and may produce a good deal of frustration. In some cases, JIT appears to deliver less than its reputation seems to call for.
Required:
Discuss some of the limitations and problems that companies may encounter when implementing a JIT system.
Explanation
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Some of the limitations and problems tha...
Cornerstones of Cost Management 2nd Edition by Don Hansen ,Maryanne Mowen
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