Examlex

Solved

Tight Coupling Seeks to Reduce Excess Inventory to a Bare

question 75

True/False

Tight coupling seeks to reduce excess inventory to a bare minimum.


Definitions:

Franchisor

A franchisor is a company that grants an individual or group the rights to run a business location using its brand, business model, and guidelines.

Franchisee

An individual or company that is granted the right by a franchisor to do business under a recognized brand name and operational system.

Logistics Management

The administration of the flow of goods between the point of origin and the point of consumption to meet customer or corporation requirements.

Flow

In psychology and user experience, a state where people are fully immersed and focused on what they are doing.

Related Questions