Just-In-Time (JIT) Manufacturing Is Also Called Make-To-Order Manufacturing

question 50

True/False

Just-in-Time (JIT) manufacturing is also called make-to-order manufacturing.

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Definitions:

Profit Centers

Divisions or departments within a company that are directly responsible for generating profits through their operations and business activities.

Percent of Sales

A financial ratio that expresses the relationship between a particular expense, income, or investment and the total sales revenue of a company.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization by monitoring performance against strategic goals.

Perspectives

Different ways of viewing or approaching a situation, often influenced by individual experiences, knowledge, and beliefs.