A Scheduling System for Minimizing Inventory by Having Components Arrive

question 16

Multiple Choice

A scheduling system for minimizing inventory by having components arrive exactly at the moment they are needed and finished goods shipped as soon as they leave the assembly line best describes a ________ strategy.

• A)just-in-time
• B)frictionless
• C)bullwhip
• D)safety-stock
• E)streamlined

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Definitions:

Mood Linkage

The phenomenon where individuals in a group tend to share and experience similar moods or emotions.

Group Polarization

The tendency for a group to make decisions that are more extreme than the initial inclination of its members, usually in the direction of greater risk or conservatism.

Social Contagion

A phenomenon where ideas, feelings, and behaviors seem to spread across people in a group as if they were infectious diseases.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms or standards.