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Variety Flexibility
The ability of a manufacturing system or company to quickly adapt its operations to produce a wide range of products.
Capacity Management
The process of planning and controlling the resources needed to meet production demands, ensuring optimal use of facilities and equipment.
Peak Demand Season
The period during which a business experiences the highest level of consumer demand for its products or services, often leading to inventory and supply chain challenges.
Predictable Variability
Variations in demand or supply that can be forecasted with a degree of accuracy based on historical data or patterns.
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