Just-in-time production relies upon
A) vertical integration.
B) import substitution.

Question

Quizplus · Accepted Answer

Just-in-time production relies upon vertical integration, which involves owning and controlling all aspects of the production process, from raw materials to finished products. This allows for greater efficiency and flexibility in production, as the company can quickly adjust to changes in demand and minimize waste. Import substitution, on the other hand, involves producing goods domestically instead of importing them from abroad, and is not directly related to just-in-time production.

Just-In-Time Production Relies Upon