Examlex
When a network is first implemented, does it have redundancy or reliability requirements? Why or why not?
Processing Centres
Facilities or locations where raw materials or inputs are transformed into finished goods or services through various processes.
Small Lot Sizes
Production or ordering in limited quantities, which can enhance flexibility and reduce inventory costs.
Just-In-Time Production
An inventory strategy companies use to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.
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