What is the total annual cost of maintaining the components inventory under the present system?
Current system
Current system (continued)
Total inventory maintenance cost per year = $1,151,522
Using JIT
Definitions:
Outer Wall
Refers to the exterior wall of a structure, acting as the first line of defense or barrier against external elements.
Ability to See
A physiological function that allows organisms to interpret electromagnetic wavelengths from the environment, commonly known as vision.
Humans
Intelligent, bipedal species known for advanced communication, social structures, and ability to create and manipulate the environment.
Retinal System
The part of the eye responsible for converting light into neural signals, allowing for the perception of visual images.
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