Examlex
RAM is a permanent storage location.
Finished Products
Refer to goods that have completed all stages of production and are ready for sale or distribution to the end-user.
Production Efficiencies
The optimization of processes, resources, and equipment to maximize output while minimizing waste and costs in manufacturing.
Lean Production
A systematic method for waste minimization within a manufacturing system without sacrificing productivity.
Flexible Manufacturing
A production system capable of adjusting its operations and processes to adapt to changes or variances in product type and volume.
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