The Broad View of JIT Is Now Often Termed __________________________

question 82

Multiple Choice

The broad view of JIT is now often termed __________________________.

• A) vendor-managed inventory
• B) business process reengineering
• C) lean production
• D) cycle time management
• E) e-distribution

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Definitions:

Large-company Stocks

Shares that represent ownership in large, well-established companies typically characterized by a high market capitalization.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values, often used to gauge the risk associated with a certain investment or portfolio.

Probability

A measure of the likelihood of a specific event or outcome occurring, expressed as a number between 0 and 1.