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How does e-business build on the advantages and structures of traditional business?
Within-Batch Wait Time
The delay experienced by units within a batch during a production process before they are processed.
Total Lead Time
The cumulative time required for a product to complete all stages of production, from initiation to final delivery.
Long Setups
The extended time period required to prepare or configure machinery and equipment for a specific production task.
Large Batch Sizes
This term refers to the production of goods in large quantities at a time, often to achieve economies of scale but possibly increasing holding costs.
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