The Just-In-Time Manufacturing System

question 5

Multiple Choice

The just-in-time manufacturing system:

• A)Contrasts with the supply push systems.
• B)Complements the supply push systems.
• C)Neither complements nor contrasts with the supply push systems.
• D)Contrasts the demand pull system.

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Definitions:

Restraint of Trade

A legal concept that seeks to enforce reasonable limitations on business practices to encourage competition and prevent monopolies.

Federal Trade Commission Act

A United States federal law established in 1914 to prevent unfair or deceptive business practices, including antitrust violations.

Lanham Act

A United States federal statute that governs trademarks, service marks, and unfair competition, providing guidelines for the registration and legal protection of brands.

Regulatory Forces

External rules and regulations imposed by governing bodies that affect how businesses operate and interact with customers.