What Is "Just-In-Time" Inventory Management

question 107

Essay

What is "just-in-time" inventory management?

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Definitions:

Required Rate of Return

The minimum yearly return rate that convinces individuals or firms to put their investment into a certain security or project.

Canadian Pacific Railroad

A historic railway company in Canada, established in the 19th century, playing a significant role in the development of the nation's commerce and industry.

Yield

The income return on an investment, such as the interest or dividends received, often expressed as a percentage of the investment's cost or current value.

Principle Due

The portion of a loan or mortgage payment that reduces the original amount borrowed; it does not include interest or additional fees.