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Which of the Following Is NOT a Characteristic of Just-In-Time

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Which of the following is NOT a characteristic of just-in-time production?

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Definitions:

Proportions

The relationship between quantities that defines how much of one thing is present relative to another.

Profit

The profit achieved when the revenue from a business operation surpasses the expenses, costs, and taxes required to maintain it.

Production Function

A mathematical model detailing how inputs are converted into outputs in the production process.

Labor

Human work, encompassing both physical and mental tasks, dedicated to the manufacturing of goods and services.

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