Examlex
Which statement most accurately describes the second law of thermodynamics?
Inventory
The total amount of goods and materials held by a company at a given time, including raw materials, work-in-progress, and finished goods.
JIT Scheduling Tactics
Just-In-Time scheduling strategies that aim to improve manufacturing and inventory efficiency by receiving goods only as they are needed in the production process, reducing waste.
5S Term
A methodology originating from Japan that focuses on workplace organization and cleanliness (Sort, Set in order, Shine, Standardize, Sustain).
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