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JulijaS [17]
3 years ago
10

Which buying method can save money but means you must have trust in the reliability of your supplier?

Business
2 answers:
Virty [35]3 years ago
8 0

Answer: Just in Time

Just in Time can save money but means you must have trust in the reliability of your supplier.

Explanation:

Just-in-time refers to a positive cost-cutting inventory management strategy which involves the ordering of raw materials for production directly from the suppliers. It helps in minimizing inventory and increasing efficiency in production. It depends on strong, fast and efficient network of suppliers. It aims at improving the company's return on investment by reducing non-essential costs.

zhuklara [117]3 years ago
7 0

Which buying method can save money but means you must have trust in the reliability of your supplier?

Just in time

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An increase in demand will result in a corresponding increase in price, and results in firms making high profits. In the diagram below it results in a shift of demand from D1 to D2.

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All of a company's depreciation, property taxes, and insurance premiums are considered manufacturing overhead.
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Is the cost of the workers who make the product. The cost of supervisory personnel, management, and factory maintenance workers, although they are needed to operate the factory, are classified as indirect labor because these workers do not use the direct materials to build the product.

Learn more about company's depreciation :

brainly.com/question/1055905

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