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Production Flexibility Allows a Firm to Provide Business Customers with the Just-In-Time

question 72

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Production flexibility allows a firm to provide business customers with the just-in-time delivery service or rapid-response replenishment of inventories that they expect.


Definitions:

Pituitary Gland

A small, pea-sized gland located at the base of the brain, responsible for the production and secretion of hormones that regulate many bodily functions.

Gastrulation

An early embryonic process in which the single-layered blastula is reorganized into a multilayered structure known as the gastrula, forming the basic body plan.

Ectoderm

The outermost layer of cells or tissue of an embryo in early development, giving rise to the outer layer of skin, nails, hair, and nervous system.

Epiblast

A layer of cells in the early embryo from which all the various tissues and organs of the body will eventually develop.

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