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One of your fellow students is continually late to class. The professor has tried numerous verbal warnings and recently took points away from the student's grade. The student continued to show up late. Based on the above, the professor's actions are consistent with which of the following reinforcement techniques?
Lean Manufacturing
A systematic method for waste minimization within a manufacturing system without sacrificing productivity, focusing on enhancing product value for the customer.
Unit Costs
Unit costs represent the total expenditure incurred by a company to produce, store, and sell one unit of a particular product or service.
Average Costing
A method of inventory valuation where all goods are assigned the average cost of all similar goods available during the period.
FIFO
An inventory valuation method standing for “First-In, First-Out,” where the cost of the oldest inventory items are the first to be expensed.
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