What Are Four Advantages of Level Production That Make It

question 12

Essay

What are four advantages of Level production that make it the backbone of JIT production?

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Definitions:

Marketing Strategy

A company's comprehensive strategy for identifying potential customers and converting them into clients for their goods or services.

Positioning

The strategy of designing a company’s offering and image to occupy a distinct place in the mind of the target market, distinguishing it from its competitors.

Implementation

The process of putting a plan or strategy into operation.

Strategic Planning

The process of defining a company’s direction and making decisions on allocating its resources to pursue this strategy, including its capital and people.