A firm that employs just-in-time management has to increase its investment in working capital.

Name: A firm that employs just-in-time management has to increase its investment in working capital.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Just-in-time management is a method where materials and products are acquired and produced only when they are needed, which allows for a reduction in excess inventory and working capital. Therefore, implementing just-in-time management typically results in a decrease in the investment in working capital.

A Firm That Employs Just-In-Time Management Has to Increase Its