Accounting: Tools for Business Decision Making, 5th Edition

Published by Wiley
ISBN 10: 1118128168
ISBN 13: 978-1-11812-816-9

Chapter 6 - Reporting and Analyzing Inventory - Questions - Page 313: 3

Answer

Just - in - time inventory methods - under this method companies manufacture or purchase good just in time for use.

Work Step by Step

This method significantly lowers the inventory levels and costs of carrying the inventory.
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