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What is meant by JIT system? Why would a company pursue this type of system (provide practical example)

Logistic and Purchasing course. Please look at question#7 and give me one page and references, 1 or 2 references will be ok.
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Assignment ID
59013
Discipline
Type
CREATED ON
November 7, 2016
COMPLETED ON
November 9, 2016
Price
$40
This order has already been completed on Studybay
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Check price for your Coursework
Latest reviews for Drsuccess1
kaitlinenglish1
August 17, 2017
kaitlinenglish1
awesome work
Teemo
August 3, 2017
Teemo
good
wscghaa3
July 31, 2017
wscghaa3
Finished the paper on time