Explain the Just-In-Time (JIT)inventory Policy

question 24

Essay

Explain the just-in-time (JIT)inventory policy.

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Definitions:

Appearance

The way that someone or something looks to others, encompassing physical attributes and presentation.

Older Women

Females of senior age who experience distinct societal perceptions and realities compared to their younger counterparts.

Implicit Assumption

An unspoken, underlying belief or premise often taken for granted or accepted without evidence in reasoning or decision-making.

Compliment

A polite expression of praise or admiration, typically given to recognize someone's achievement or quality.