The Concept of Pull Production Is Easy to Implement Because

question 35

True/False

The concept of pull production is easy to implement because it is similar to traditional scheduling procedures.

---

Definitions:

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount to raise immediate capital.

Inventory

A company's stock of the products available for sale to customers, as well as raw materials and work-in-progress that will eventually become finished goods.

Accounts Receivable

Funds that are due to a business from its clients for goods or services already provided but not yet compensated for.