Two Methods to Acquire Information Systems Are to __________________________ and to __________________________

question 94

Essay

Two methods to acquire information systems are to __________________________ and to __________________________.

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Definitions:

Reducing Wait Time

Strategies and measures implemented to decrease the amount of time customers or users wait for service or product delivery.

Reducing Inventory

The process of decreasing the amount of goods on hand, often to improve cash flow or reduce storage costs.

Lean Manufacturing

An approach to production that emphasizes waste reduction and efficiency to improve overall customer value.

Lean Environment

An approach to operations that emphasizes the minimization of waste within manufacturing systems while simultaneously maximizing productivity.