What is a just-in-time jit inventory system what type of, Finance Basics

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What is a just-in-time jit inventory system what type of

Question: 1. What is a just-in-time (JIT) inventory system? What type of relationship and level of cooperation must exist between manufacturers and suppliers for a JIT system to work effectively?

2. What is a materials requirement planning (MRP) system? What types of products are most suited for an MRP system?

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Finance Basics: What is a just-in-time jit inventory system what type of

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