Examlex
Use a graphing utility to find the equation of the line of best fit. Round to two decimal places, if necessary.
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Safety Stock
Extra inventory kept to guard against shortages due to fluctuations in demand or supply.
Lead Time
The amount of time that elapses between the initiation and completion of a production process or delivery of a service.
Kanban Size
Kanban size refers to the quantity of work or production capacity represented by a kanban card in a lean manufacturing system, aimed at controlling the flow of resources through the production process.
Setup Cost
The expenses involved in configuring a process, machine, or system for a particular production run or task.
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