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JIT Requires Work-In-Process When Used with Kanban So There Is

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JIT requires work-in-process when used with kanban so there is inventory to pull.When compared to synchronous manufacturing, this is viewed as a negative aspect of JIT.


Definitions:

Real Rate Of Return

The rate of return on an investment after adjusting for inflation, providing a clearer picture of the investment's true profitability.

Probability Range

The spread between values within which a random variable is expected to fall with a certain probability.

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