A system of production in which each of a product's components is produced in the location where the cost of producing that component is lowest is called ________ production.
A) rationalized
B) greenfield
C) centralized
D) maquiladora

Question

Quizplus · Accepted Answer

Rationalized production refers to a system where each component of a product is manufactured in the location that offers the lowest production cost, optimizing efficiency and reducing expenses.

A System of Production in Which Each of a Product's