Answer:
High-involvement purchase situation.
Explanation:
As part of the consumer decision process, the process consumers go through in making a purchase can differ between low involvement and high involvement purchase decision.
Low involment:
-need recognition
-evaluation of alternatives
-purchase decision
-postpurchase evaluation
High involment:
-need recognition
-information search. advertising helps the search process by providing information and making it easy to find. This stage can be casual or formal.
-evaluation of alternatives
-purchase decision
-postpurchase evaluation
2484
(2300)
---------
184
184 / 8 = 23
23 / 2300 = .01 -->1%
One of the huge benefits of just-in-time production is that the need for "time" is eliminated.
<h3>What is just-in-time production?</h3>
With just-in-time (JIT) manufacturing, products are produced as needed, rather than in excess or ahead of schedule.
Some characteristics of just-in-time are-
- With just-in-time (JIT) manufacturing, products are produced as needed, rather than just-in-time (JIT) inventory system is a management strategy that aligns raw-material orders from suppliers directly with production schedules in excess or ahead of schedule.
- Because Toyota, a vehicle manufacturer, introduced just-in-time manufacturing in the 1970s, the practise is often referred to as the Toyota Production System (TPS).
- To prevent work-in-process overcapacity, JIT is frequently used in conjunction with the scheduling technique known as kanban.
- The JIT production method depends on consistent output, excellent craftsmanship, no equipment failures, and trustworthy suppliers for its success.
- The JIT system is also known as short-cycle manufacturing (as used by Motorola) and continuous-flow manufacturing (as used by IBM).
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