When Implemented as a Comprehensive Manufacturing Strategy, JIT, TPS, and Lean

question 87

True/False

When implemented as a comprehensive manufacturing strategy, JIT, TPS, and lean systems sustain competitive advantage and result in increased overall returns.

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Definitions:

International Power

The influence, capability, or reach of a country, corporation, or organization on a global scale, impacting international relations and dynamics.

Trade Secret

A Trade Secret is any practice, design, formula, process, or compilation of information not generally known or readily ascertainable, that a business uses to obtain an advantage over competitors who do not know or use it.

Special Process

A specific or unique procedure employed to achieve a particular result, often used in manufacturing or legal contexts.

Pollution Control Laws

Regulations and statutes aimed at reducing or eliminating the release of pollutants into the environment.