2 ms·
Heck even consumer goods like toilet paper were impacted. JIT is useful when the end-product has a high depreciation rate and/or you forsee yourself frequently
by to11mtm 6y ago
Heck even consumer goods like toilet paper were impacted.
JIT is useful when the end-product has a high depreciation rate and/or you forsee yourself frequently changing the part out for a newer version.
Another tendril on the issue; modern accounting practices tend to prefer JIT instead of the costs/overhead mechanics of storing inventory.