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After interviewing each applicant for the toy assembly position, the recruiter takes the individual on a tour of the assembly line so that they can see the process in action, meet people who currently do the job and explain what would be required of the individual, should they be offered and accept the position. This is most likely an example of:
Make-To-Order
A manufacturing strategy where production starts only after an order is received, tailoring products to specific customer demand.
Finishing Department
The final stage in a manufacturing process where products undergo final touches, treatments, or packaging before being ready for sale.
Net Profit
The financial gain or loss a business makes after subtracting all expenses, taxes, and costs from total revenue.
Shadow Price
In linear programming, it refers to the value that represents the change in the optimal objective function value per unit increase in the right-hand side of a constraint.
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