The Major Binding Constraint in an Organization Is Defined as the Drummer

question 2

True/False

The major binding constraint in an organization is defined as the drummer, which sets the production rate for the whole plant.

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Definitions:

Markdown

A reduction from the original or retail price of goods or services, typically to stimulate sales or clear out inventory.

Invoice

A paper provided by the vendor to the purchaser detailing the goods or services rendered and the total charge.

Discount

A reduction applied to a regular price or rate, often used to encourage purchase or prompt payment.

ROG

Depending on context, it may refer to "Receipt of Goods," the point at which goods are received and acknowledged by the buyer.