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The Need for One-Time Inventory Decisions Also Can Arise in Manufacturing

question 45

Short Answer

The need for one-time inventory decisions also can arise in manufacturing plants when ________ items are made to a single order and ________ are high.


Definitions:

Ambiguity

Ambiguity is the quality of being open to more than one interpretation, lacking clarity, and leading to uncertainty or confusion.

Unpredictability

The extent to which events or behaviors cannot be anticipated due to a lack of consistent patterns or information.

Same Culture

The shared beliefs, practices, norms, and values among members of the same community or society.

Same Values

The shared principles or standards of behavior considered important within a group, organization, or culture.

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