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After contract negotiations with its union reached an impasse, Sinclair Food Processing Ltd. temporarily ceased operations to prevent union members from working. Which of the following is the way of bringing pressure on their employees that Sinclair Food Processing has adopted?
Safety Stock
Additional inventory kept to prevent stockouts caused by variations in supply or demand.
Purchased Component
A part or material acquired from an external supplier for use in the manufacturing or assembly process of a product.
Work-In-Process
Refers to partially finished goods that are in the process of being manufactured but are not yet complete.
Master Production Schedule
A detailed plan that outlines exactly what products and quantities will be produced and at what time to meet customer demand.
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