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Which of the Following Is a Step Towards Integrating JIT

question 18

Multiple Choice

Which of the following is a step towards integrating JIT and MRP according to the text?


Definitions:

Production

The method of producing goods and services by mixing labor, materials, and technology.

Savings

Money set aside from current income for future use, often to accumulate wealth or for specific future expenditures.

Monetarism

A school of thought that emphasizes the role of governments in controlling the amount of money in circulation to influence the economy.

Proponent

An advocate or supporter of a particular idea, policy, or project.

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