Moving Products Through Various Stages in the Value-Added Process Often

question 17

Multiple Choice

 Moving products through various stages in the value-added process often involves linking suppliers,manufacturers,distributors,and consumer and business end-users of goods and services into _____ channels. 

• A) lateral
• B) vertical
• C) horizontal
• D) parallel

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Definitions:

Flexible Production

A manufacturing approach that enables a quick and efficient response to market demands and product customization.

Mass Production

System for manufacturing products in large quantities through effective combinations of employees with specialized skills, mechanization, and standardization.

Customer-Driven Production

A manufacturing approach focused on producing goods based on consumer demands and preferences.

Continuous Production

A process where raw materials or inputs are continuously fed into production equipment, and products come out continuously, typical for industries with high demand or in chemical manufacturing.