What fractions have been graphed on the number line?
Definitions:
Kanban Size
The quantity of work or materials specified by a Kanban card in a pull-based inventory or production control system.
Setup Cost
The expenses incurred to prepare equipment or processes for manufacturing an order, including cleaning and tooling costs.
Carrying Cost
The total cost of holding inventory, including storage, insurance, depreciation, and opportunity costs, synonymous with holding costs but with a rephrased definition for clarification.
Safety Stock
Inventory kept on hand to protect against stockouts caused by fluctuations in demand or supply chain disruptions.
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