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Isabel Martin
on Oct 23, 2024

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________ is part of the ________ process and occurs when the company is trying to increase its inventory.

A) Make-to-order; procurement
B) Make-to-order; production
C) Make-to-stock; procurement
D) Make-to-stock; production

Make-to-order

A production strategy where goods are only manufactured after receiving a customer's order, allowing for customization.

Make-to-stock

A production strategy where items are produced in large quantities and stockpiled for sale in anticipation of customer demand.

Procurement

The process of obtaining goods and services, including all activities from the identification of needs through to the receipt and approval of items.

  • Gain insight into the connection and cooperation among various business systems and processes.
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IGbagbo AjagunnaOct 28, 2024
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