* Explain the primary characteristics and objectives of just-in-time (JIT) inventory systems. * Consider...
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Accounting
* Explain the primary characteristics and objectives of just-in-time (JIT) inventory systems.
* Consider your current employer or a company where you have worked in the past as you evaluate the four components of cost of quality: (1) prevention costs, (2) appraisal costs, (3) internal failure costs, and (4) external failure costs. For each component, explain how it applies in the business that you selected. Identify specific examples for each component.
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