Examlex
What does the managerial function of organizing involve? What is its outcome?
Machine Utilization
The ratio of the actual operating time of a machine to the total available time, reflecting the efficiency of using production equipment.
Product-oriented Layout
A manufacturing layout where equipment and processes are arranged according to the steps required to make a product, emphasizing efficient production flow.
Warehouse Layout Strategy
Planning the arrangement of a warehouse to optimize goods movement and storage efficiency, taking into account factors like space utilization and material handling.
Material Flow
The process of moving raw materials, work-in-process, and finished goods from one point in the supply chain to another.
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