Examlex
In setting up a Kanban control system you need to determine the number of kanban card sets needed. If the expected demand during lead time is 50 per hour, the safety stock is 20 percent of the demand during lead time, the container size is 4, and the lead time to replenish an order is 8 hours, what number of Kanban card sets is needed?
Industrial Market Country
A term not widely used but likely referring to countries with economies driven primarily by the industrial sector, including manufacturing and services.
Birth Rate
A statistical measure showing the number of live births per 1,000 people in a given year, providing insight into population growth trends.
Aging Population
A demographic trend characterized by an increase in the median age of a population, often resulting from declining fertility rates and/or increasing life expectancy.
Fiscal Problems
Financial difficulties faced by a government due to a mismatch between its expenditures and revenues, leading to budget deficits and debt accumulation.
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