The Manufacturing System Focused on Reducing Inventory Levels and Waste

question 10

Short Answer

The manufacturing system focused on reducing inventory levels and waste is called __________ manufacturing.

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Definitions:

Antecedent State

The psychological and physical condition of a consumer before entering a shopping or consumption situation, affecting their behavior.

Consumer Satisfaction

A measurement of how well a product or service meets or surpasses a customer's expectations.

Information Search

The process of seeking, gathering and evaluating data or information to make a decision or solve a problem, often initiated as part of a consumer's buying decision process.

Comparison Shopping

The act of comparing prices and features of similar products or services from different vendors or brands to find the best deal.