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A diplomatic historian has said, in reference to early American foreign policy, that "Europe's troubles became America's opportunities." What events of the 1790s would best illustrate the truth of this remark? Why?
Work in Process
Inventory that includes all materials, labor, and overhead costs for products in the production process but not yet completed.
Lean Manufacturing
A methodology that focuses on minimizing waste within manufacturing systems while simultaneously maximizing productivity.
Cross-Training
Cross-training involves teaching employees the skills and responsibilities of other positions within the organization to increase flexibility and efficiency.
Product-Oriented Layout
The organization of manufacturing processes around a product. Also referred to as product cells.
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