Benefits of the JIT inventory control system
What are the benefits of the (just-in-time) JIT inventory control system?
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The JIT (just-in-time) inventory control system lowers inventory carrying costs and tends to increase quality.
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foreign countries to finance its current account deficits
Your firm have just issued five year floating-rate notes indexed to six-month U.S. dollar LIBOR plus 1/4%. Describe the amount of first coupon payment your firm will pay per U.S. $1,000 of face value, if six-month LIBOR is at present 7.2%?Solution:
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