JIT in Economics Meaning
The JIT meaning in Economics terms is "Just In Time". There are 1 related meanings of the JIT Economics abbreviation.
JIT on Economics Full Forms
- Just In Time A way to minimize warehousing costs by having cargo shipped to arrive just in time for its use. In this method of inventory control, warehousing is minimal or non-existent and depends on extremely reliable transportation.
Frequently Asked Questions (FAQ)
What does JIT stand for Economics?
JIT stands for Just In Time in Economics terms.
What is the shortened form of Just In Time in Economics?
The short form of "Just In Time" is JIT for Economics.
Citation
JIT in Economics. Acronym24.com. (2021, October 25). Retrieved May 4, 2024 from https://acronym24.com/jit-meaning-in-economics/
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