This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the key difference between the MRP and JIT inventory management approaches? (Read 82 times)

mmm

  • Hero Member
  • *****
  • Posts: 558
on: Apr 8, 2019
What is the key difference between the MRP and JIT inventory management approaches?
◦ Only JIT reduces costs and improves efficiency.
◦ MRP is especially useful for products such as fashion apparel.
◦ JIT is more effectively used with products that have predictable patterns of demand.
◦ MRP schedules production to meet estimated sales needs; JIT schedules production to meet customer demands.
Accounting Information Systems ¦ Romney, Steinbart ¦ 14th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mmm on Apr 8, 2019

carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Apr 8, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


mmm

  • Hero Member
  • *****
  • Posts: 558
Reply #2 on: Apr 8, 2019
Thanks


carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Apr 8, 2019
Welcome :)


« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

A controlled fire being set as part of ecosystem management in Jasper National Park. A controlled fire being set as part of ecosystem management in Jasper National Park.
Approaches for gathering an older adult assessment Approaches for gathering an older adult assessment
There Is a Difference between Natural and Added Sugars There Is a Difference between Natural and Added Sugars
Effective Leadership and Management in Nursing, 9th Edition Effective Leadership and Management in Nursing, 9th Edition
Project Management: Achieving Competitive Advantage, 5th Edition Project Management: Achieving Competitive Advantage, 5th Edition
Data management questions Data management questions
Video: Nervous pathway to the Neuromuscular (NMJ)

For a complete list of videos, visit our video library