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Zero Waste
An approach to resource management aimed at avoiding any waste by reusing products and materials in as many cycles as possible.
Cycle Time
The total time from the beginning to the end of a process, providing a measure of the efficiency of the process.
Production Improvements
Enhancements made to the production process to increase efficiency, reduce costs, or improve product quality.
Days' Payable Outstanding
A financial ratio that calculates the average time it takes for a company to pay its suppliers.
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