Examlex
A food scientist has chemically analyzed a food item to determine its ingredients. One of the ingredients was a simple chemical that consisted of a molecule of glucose bonded to a molecule of galactose. This ingredient was _____.
Small Lot Sizes
Production or ordering in limited quantities, which can enhance flexibility and reduce inventory costs.
Just-In-Time Production
An inventory strategy companies use to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.
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