How Is Production Triggered in a Demand-Pull System

question 23

Multiple Choice

How is production triggered in a demand-pull system?

• A)by a forecast
• B)by a customer order
• C)by a vendor shipment
• D)by an economic reorder point

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Definitions:

Equity Financing

Exchanging ownership shares for outside investment monies.

Ownership Shares

Portions of equity in a company or financial assets which demonstrate an individual's or entity's part ownership.

Creativity

The ability to generate new and original ideas, solutions, or products.

Initiative

The ability to assess and initiate things independently, often leading to action without direct orders.