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just-in-time inventory system an inventory control method, devised in Japan, for keeping inventory costs to a minimum, supplies are ordered frequently, but in relatively small quantities, also known as kanban just-in-time purchasing ...
Optimal Reorder Frequency see Economic Order Quantity; Just-In-Time Inventory System. Optimal Reorder Level see Economic Order Quantity; Just-In-Time Inventoy System.
' Just-in-time manufacturing techniques, in addition to online sales, have dramatically increased the market for such shipments.
See also: Product, Company, Market, Marketing, Demand
 
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