In a Just-In-Time System, Suppliers Are Selected Primarily on the Basis

question 52

True/False

In a just-in-time system, suppliers are selected primarily on the basis of their ability to provide materials and products at the lowest possible price.

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Definitions:

Intelligence

The capacity for learning, understanding, and applying knowledge and skills, often measured through IQ or other cognitive assessments.

Cognitive Development

The process by which individuals gain and enhance their ability to think, learn, and solve problems over time.

Adulthood

The period in human life after adolescence, typically marked by full physical growth, maturity, and legal responsibilities.

Inhibition

The psychological process that restrains or suppresses one's actions, emotions, or thoughts, often to adhere to societal norms or personal values.