If a Manufacturer Had Perfect Information About Exactly How Many

question 29

True/False

If a manufacturer had perfect information about exactly how many units of product customers wanted,when they wanted them,and when they could be produced,it would be possible to implement a highly efficient just-in-time strategy.

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Definitions:

Revenues

The total income that a business generates from its normal business activities, usually from the sale of goods and services to customers.

Expenses

Costs incurred in the running of a business operation, such as rent, utilities, and salaries.

Acetylcholinesterase

An enzyme that breaks down the neurotransmitter acetylcholine in the synaptic cleft, thereby terminating the signal between nerve cells.

Tropomyosin

A protein that runs along the length of the actin filament in muscle fibers and, along with troponin, regulates muscle contraction.