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Explain Why a Firm Might Adopt the Just-In-Time System

question 106

Essay

Explain why a firm might adopt the just-in-time system. Why might a firm choose a different inventory system?


Definitions:

Open-Chain Form

Describes organic compounds that consist of a linear chain of atoms, as opposed to cyclic structures.

Asymmetric Centers

Carbon atoms bonded to four different groups, creating chirality and isomerism in molecules.

Aldohexose

A simple sugar or monosaccharide containing six carbon atoms and an aldehyde group.

D-(-)-Gulose

A naturally occurring sugar belonging to the family of aldohexoses, known for its optical activity.

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