Examlex
List and explain three of the common misconceptions about franchising.
Phantom Bills
An imaginary bill of materials used in manufacturing to simplify complex assemblies and compositions without altering inventory levels.
Master Production Schedule
A detailed plan that outlines what is to be produced, how much, and when, guiding manufacturing operations.
Subassemblies
Parts that are assembled separately but designed to be used as part of a larger assembly.
Final Products
The completed goods ready for sale or distribution after undergoing all stages of the manufacturing process.
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