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Just in time system

This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.

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July 25, 2016 at 5:55 am #328748
aziz5210
Member
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Sir,
According to your notes JIT will have lower holding cost. What will be effect on reorder cost increase or decrease ??
Thanks
July 25, 2016 at 7:20 am #328765
John Moffat
Keymaster
- Topics: 57
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The total reorder cost per year is likely to increase because more orders will be required.
(Lower holding cost is just one small benefit of JIT – the main benefits are less wastage; less obsolescence; etc etc.)
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