Mike's Autos Uses a Supply Chain Management System to Schedule

question 9

Multiple Choice

Mike's Autos uses a supply chain management system to schedule the delivery of auto parts to arrive at its plants exactly thirty minutes before the parts are to be used in the assembly process.The company use a(n) _____ system.

• A) efficient consumer response
• B) total quality management
• C) just-in-time inventory control
• D) zero-defect management
• E) material requirements planning

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Definitions:

Bankruptcy Laws

Statutes and regulations governing the process by which individuals or entities who are unable to repay debts to creditors may seek relief and reorganize or liquidate assets.

General Goals

Broad, overall objectives or aims that an individual, group, or organization seeks to achieve.

Bankruptcy

A legal status of a person or entity that cannot repay the debts it owes to creditors, often leading to a legal process for debt relief.

Shelter Principle

The principle that when an item is transferred, the transferee acquires all the rights the transferor had to the item.