A successful implementation of a JIT production system should result in a lowering of the inventory turnover ratio.

Name: A successful implementation of a JIT production system should result in a lowering of the inventory turnover ratio.
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The inventory turnover ratio: (cost of goods sold/average inventory) should increase as a result of a JIT system implementation as the average inventory should fall, relatively speaking, as less inventory is on hand as a result of JIT practices.

A Successful Implementation of a JIT Production System Should Result