Just-in-time (noun) Definition, Meaning & Examples

adjective
  1. noting or pertaining to a method of inventory control that keeps inventories low by scheduling needed goods and equipment to arrive a short time before a production run begins. Abbreviation: JIT
adjective
  1. denoting or relating to an industrial method in which waste of resources is eliminated or reduced by producing production-line components, etc, as they are required, rather than holding large stocks
Just-in-time (noun) Definition, Meaning & Examples

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