Examlex
Aggregate demand is the total demand for intermediate goods and services in an entire economy.
Kanban Size
The quantity of work or materials specified by a Kanban card, used in a pull system to control inventory and workflow.
Setup Cost
The expenses incurred to prepare equipment or processes for manufacturing an order or a batch of goods, including costs for adjusting machines, cleaning, and changing tooling.
Safety Stock
Extra inventory kept on hand to protect against stockouts caused by unpredictable demand or supply delays.
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