What Is a Kanban and How Is It Used in a Pull

question 6

Essay

What is a kanban and how is it used in a pull system?

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Definitions:

Ordinary Simple Interest

Interest calculated on the principal amount of a loan or investment, based on a simple calculation and not compounded.

360-Day Year

A simplified accounting method that assumes there are 360 days in a year, used for calculating interest and other financial metrics.

Principal

The original sum of money borrowed in a loan, or the initial amount of investment, excluding interest or profit.

Ordinary Simple Interest

Interest calculated on the principal amount only, without compounding, over a specific period.