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Final answer:
Just-in-time management involves minimizing inventory to reduce costs and enhance efficiency in production processes.
Explanation:
Just-in-time management is a strategy that focuses on decreasing inventory to lower costs by having materials arrive exactly when needed in the production process. This approach helps companies save money by reducing storage expenses and allows for efficient adjustments in production levels. Implementing just-in-time systems can lead to improved productivity and quality control.
Learn more about Just-in-time management here:
https://brainly.com/question/43052074
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