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:

Prosperity

A state of flourishing, success, or wealth in a social or economic context.

Cyrus Field

An American entrepreneur and inventor best known for laying the first successful transatlantic telegraph cable in 1858, revolutionizing international communication.

Transatlantic Telegraph Cable

An undersea cable laid across the Atlantic Ocean used for telegraph communications, first successfully completed in 1866, markedly reducing communication time between Europe and North America.

Underwater

The term "underwater" refers to being submerged in or covered by water, often used in the context of diving, marine environments, or submerged objects.