Shipped in a Container,a Kanban Is Returned to the Supplier

question 34

True/False

Shipped in a container,a kanban is returned to the supplier when the container is opened,initiating the shipment of a second container that arrives just as the first container is emptied.

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Definitions:

Injection Mold

A manufacturing process in which molten material is injected into a mold to produce parts or products of specific shapes and sizes.

Value-based Pricing

A pricing approach that sets the cost of a product or service according to its perceived worth to the consumer, rather than the expenses involved in its creation.

Preventive Maintenance

Scheduled maintenance on equipment or systems aimed at preventing unexpected failures or extending their life.

Target Costing

A pricing method that involves identifying the desired profit margin and market price, then working backward to determine the maximum cost that can be incurred on a product.