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IPL is a leading manufacturing company. Under increasing pressure to reduce costs, to control inventory level and to improve services, IPL's Costing Department has recently undertaken a decision to implement a JIT System. The management of IPL is convinced of the benefits of their changes. But Supplies Manager "W" fears with the Costing Department's decision. He said: "We've been driven by suppliers for years... they would insist that we could only purchase in thousands, that we would have to wait weeks, or that they would only deliver on Mondays!" Required COMMENT on Mr. W's viewpoint.

IPL is a leading manufacturing company. Under increasing pressure to reduce costs, to control inventory level and to improve services, IPL's Costing Department has recently undertaken a decision to implement a JIT System. The management of IPL is convinced of the benefits of their changes. But Supplies Manager "W" fears with the Costing Department's decision. He said: "We've been driven by suppliers for years... they would insist that we could only purchase in thousands, that we would have to wait weeks, or that they would only deliver on Mondays!" Required COMMENT on Mr. W's viewpoint.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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IPL is a leading manufacturing company. Under increasing pressure to reduce costs, to control inventory level and to improve services, IPL's Costing Department has recently undertaken a decision to implement a JIT System. The management of IPL is convinced of the benefits of their changes. But Supplies Manager "W" fears with the Costing Department's decision. He said: "We've been driven by suppliers for years... they would insist that we could only purchase in thousands, that we would have to wait weeks, or that they would only deliver on Mondays!" Required COMMENT on Mr. W's viewpoint.
Transcribed Image Text:IPL is a leading manufacturing company. Under increasing pressure to reduce costs, to control inventory level and to improve services, IPL's Costing Department has recently undertaken a decision to implement a JIT System. The management of IPL is convinced of the benefits of their changes. But Supplies Manager "W" fears with the Costing Department's decision. He said: "We've been driven by suppliers for years... they would insist that we could only purchase in thousands, that we would have to wait weeks, or that they would only deliver on Mondays!" Required COMMENT on Mr. W's viewpoint.
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