Rework Is Finished Production That Is NOT in Accordance with Customer

question 65

True/False

Rework is finished production that is NOT in accordance with customer desires. The product is redone and sold as finished goods.

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Definitions:

Resource Constraints

Limitations in the availability of resources such as finances, materials, and human capital that can affect an organization's ability to achieve its goals.

Short-termism

A mindset or approach prioritizing short-term gains over long-term goals and strategies.

Immediate Returns

Earnings or benefits that are received quickly or immediately after an investment or action is made.

Capitalist

An economic system where private individuals own and control property and businesses, operating them for profit.