Mass Customization Can Be Achieved Through the Use of

question 76

Multiple Choice

Mass customization can be achieved through the use of

• A)activity-based costing.
• B)just-in-time inventory.
• C)flexible manufacturing systems.
• D)all of the above.

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Definitions:

Remainder

The amount left over or remaining after division or allocation.

Alternative

An option or choice that is available as a substitute or replacement for something else.

Market Supply Curve

A graphical representation showing the total quantity of a good that producers are willing to sell at various prices within a given time period.

Competitive Market

A market structure characterized by a large number of buyers and sellers, free entry and exit from the market, and products that are similar enough to be considered close substitutes, leading to price competition and efficiency.