What Is Another Name for Just-In-Time Production

question 89

Multiple Choice

What is another name for just-in-time production?

• A)supply/demand reciprocity
• B)lean production
• C)outsourcing
• D)mass customization

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Definitions:

Late 1700s

A historical period referring to the decade of the 1790s, marking the end of the 18th century.

Franchisee

The small businessperson who purchases the franchise so as to sell the product or service of the franchisor.

Franchised Businesses

Companies that grant licenses to individuals or entities, allowing them to operate a branch of the business using its brand, systems, and support.

Exclusive Rights

Special privileges granted to an individual or organization, allowing them to be the sole party with the legal right to use, produce, or sell a particular product or service.