Examlex
Explain the concept of "friends with benefits."
Production Control
The systematic planning, coordination, and direction of all manufacturing activities and processes to achieve production objectives efficiently.
Just-in-time System
A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs, delivering materials just as they are needed in the production process.
Responsibility
A duty or obligation to perform or refrain from performing certain actions, often associated with a specific role or position.
Carrying Inventory
The total value of inventory a company holds at a given time, including goods ready for sale and raw materials.
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