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Which of the Following Statements Would Frisell Most Likely Agree

question 35

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Which of the following statements would Frisell most likely agree with?


Definitions:

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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