The "Just-In-Time" Concept of Inventory States That the Organization Should

question 39

True/False

The "just-in-time" concept of inventory states that the organization should stockpile excess inputs in the event that it needs them to meet a sudden increase in customer demand.

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Definitions:

Incubation

A period of subconscious processing that contributes to problem-solving and creative thinking, often occurring after a period of active work on a problem.

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions.

Convergent Thinking

A thought process that aims at arriving at a single, correct solution to a problem.

Affinitizing

The process of grouping related information or ideas into categories to better analyze or understand them.