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According to the Josephson Institute for Ethics,the Core Ethical Value

question 82

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According to the Josephson Institute for Ethics,the core ethical value of trustworthiness has as its supporting ethical principles


Definitions:

Inventory

The total amount of goods and/or materials contained in a store or factory at any given time.

Inventory Management

The practice of ordering, storing, tracking, and controlling inventory to ensure an adequate supply without excessive oversupply or loss.

Just-In-Time Approach

A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs by receiving goods only as they are needed in the production process.

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