Managers at Global-Tech,a manufacturer of electronic components,want to delay the start of production until the firm receives orders to eliminate inventory holding costs.Global-Tech is most likely engaging in ________.

Question

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Global-Tech is engaging in postponement, which means delaying the production until customer orders are received to eliminate inventory holding costs. This strategy allows the company to reduce the risk of holding obsolete inventory and also respond to customer demands in a more efficient way.

Managers at Global-Tech,a Manufacturer of Electronic Components,want to Delay the Start