Configuration Centers on Where Each Activity Is Performed, Including the Number

question 36

True/False

Configuration centers on where each activity is performed, including the number of locations.

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Definitions:

Just-in-time System

A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs, delivering materials just as they are needed in the production process.

Responsibility

A duty or obligation to perform or refrain from performing certain actions, often associated with a specific role or position.

Carrying Inventory

The total value of inventory a company holds at a given time, including goods ready for sale and raw materials.