Examlex
Which of the following statements would Frisell most likely agree with?
JIT
Just-In-Time, a production strategy aimed at reducing in-process inventory and associated carrying costs by producing and delivering products just as they are needed.
Service Organizations
Entities that primarily offer intangible goods to consumers through the provision of services instead of physical products.
Competitive Advantage
The attributes that allow an organization to outperform its competitors, such as cost, product differentiation, and market access.
5Ss
A Lean production checklist.
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