Date of Defense
accounts payable, carrying costs, stock, efficiency
This thesis examines the effects that the Just-in-time inventory method has on an accounting system. The study explains what Just-in-Time is and the two areas it specifically revolves around: production and purchasing. The research consists of examining readings and observations made in the field. The study shows that the Just-in-Time method may be a good method once the implementation is complete. However, before the beginning of and during the implementation, the costs and benefits must be analyzed to determine if the change is feasible. This thesis also also directly explains how the Just-in-Time approach effects overhead and variances. A critical factor of the method is time. The study also explains similarities to the traditional system and the limitations of Just-in-Time.
Powers, Jill K., "How "Just-In-Time" Affects Cost Accounting" (1989). Honors Theses. 42.
Honors Thesis-Campus Only