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After Installing A(n)__________ in Its JIT System,Chocolate Tree (A Retail

question 64

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After installing a(n) __________ in its JIT system,Chocolate Tree (a retail chocolate store) was able to reduce lead time for merchandise orders.


Definitions:

Notice Of Dishonor

A formal notification that a negotiable instrument, such as a check or promissory note, has been presented for payment and refused.

Severe Weather Warning

An advisory issued by meteorological organizations to inform the public of impending dangerous weather conditions.

Reasonably Diligent Holder

A term used in commercial law referring to individuals holding negotiable instruments who take appropriate actions to secure their interests.

Maker

in the context of a negotiable instrument, is the party who created and signed the instrument, promising to pay a certain sum to another.

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