Just-In-Time Manufacturing Is a System That Acquires Inventory and Produces

question 156

True/False

Just-in-time manufacturing is a system that acquires inventory and produces product only when needed for an order.

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Definitions:

Marketing Channels

The set of intermediaries or pathways through which goods and services are distributed from producers to consumers.

Consumer Product

Goods produced and intended for use by consumers for personal, family, or household purposes.

Marketing Channel

The pathways through which goods and services flow from producers to consumers, including intermediaries such as wholesalers and retailers.

Types

Distinct and identifiable classes or categories into which things or concepts can be grouped based on shared characteristics or qualities.