A Production Strategy That Attempts to Improve a Firm's Return

question 80

Multiple Choice

A production strategy that attempts to improve a firm's return on investment by reducing in-process inventory and associated carrying costs as much as possible is which of the following?

• A) Production management
• B) Operations management
• C) Almost late
• D) Just in time

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Definitions:

Defendant

Someone or some organization, encompassing individuals, companies, or institutions, that is being prosecuted or sued within a legal court framework.

Answer

The response of the defendant to the plaintiff’s complaint.

Admission of Fact

The acknowledgment and acceptance of a fact as true, often in the context of legal proceedings.

U.S. District Courts

Federal courts that serve as the trial-level courts in the United States federal court system, handling both civil and criminal cases.