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A local news station reports a burglary that occurred in a small town.The house was broken into and only small items were taken.After watching the news,a group of neighbors on the other side of the town decide to get together and set up a vigilante group to police their streets.They also decide that it is necessary to arm themselves with firearms while they roam their neighborhood.This reaction is an example of:
Just-In-Time Partnerships
Collaborations between companies that focus on producing or delivering goods only as they are needed, to reduce inventory costs and increase efficiency.
Large Lot Sizes
Refers to the practice of producing or purchasing goods in large quantities, typically to achieve economies of scale but potentially leading to increased inventory costs.
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