Under a JIT system,

A) customer demand pulls units through the production line.
B) safety stock is set at relatively high levels.
C) stockouts are never a problem.
D) inventory levels are set at 10% of total production levels.
E) production is set at a level to maximize factory output.


A

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Louisiana Company uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the comparative balance sheet:



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