Examlex
Suppose the number of Quickie hamburgers (in millions) served yearly can be modeled by Approximate how many years it takes for the number of hamburgers served to reach 54 million. Round to the nearest year.
JIT
Just-in-time refers to a strategy that aims to improve a business's return on investment by reducing in-process inventory and associated carrying costs.
Lean Operations
A business methodology that focuses on minimizing waste and maximizing value in the production process through continuous improvement and responding to customer demands.
Work Centre
A specific location where work is performed, characterized by certain capabilities, resources, and capacities.
Kanban
The Japanese word for card, which has come to mean “signal”; a kanban system moves parts through production via a “pull” from a signal.
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