In a Continuous Market, Trades Occur at Any Time the Market

question 7

True/False

In a continuous market, trades occur at any time the market is open and stocks are priced either by auction or by dealers.

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Definitions:

Repetitive Focus Facilities

Production facilities designed for the efficient manufacture of a high volume of similar products.

Continuous Model

An analytical or simulation model that operates over a continuum of time or space, without discrete breaks or steps.

Mass Customization

A production approach where goods and services are customized to meet individual customer's needs with near mass production efficiency.

iTunes

A media player, media library, and mobile device management application developed by Apple Inc., used for purchasing, organizing, and playing digital music and videos.