How Does Pull-Through Production Help Minimize Inventories in a Just-In-Time

question 144

Multiple Choice

How does pull-through production help minimize inventories in a just-in-time operating environment?

• A)Products are made in anticipation of customer demand.
• B)Products are made only when customer orders are received.
• C)Products always goes through two or more processes.
• D)Products produced are always identical.

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Definitions:

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The day-to-day operations and management of a business, encompassing all aspects from production to marketing.

Best Efforts Underwriting

Underwriter sells as much of the issue as possible, but can return any unsold shares to the issuer without financial responsibility.

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An entity, typically a corporation, that offers securities or stocks to the public for the first time, typically through an initial public offering (IPO).