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Which of the Following Statements About the Household Composition in the U.S

question 102

Multiple Choice

Which of the following statements about the household composition in the U.S. is FALSE?


Definitions:

JIT Systems

Just-In-Time Systems refer to a strategy to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.

Inventory

The quantity of goods or materials that a business holds for the purpose of resale or production.

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