Explain the differences between make-to-stock and make-to-order operations.

What will be an ideal response?


Make-to-stock operations produce products with a common design and price in anticipation of demand; therefore, there is a low level of customer involvement. On the other hand, make-to-order operations are carried out only after an order has been received from a specific customer; hence, there is a high level of customer involvement.

Business

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A company from a Sharia-based legal system

A. must accept that interest will need to be a part of foreign contracts. B. can opt out of Sharia law if their business is international. C. has the right to use that system globally, regardless of the issues. D. can follow that system internally and also has to follow the local law of the host country.

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Geometrically, binding constraints intersect to form the _____

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