Examlex
The term CATWOE provides a framework for defining and analysing business perspectives. In a project, which letter of CATWOE should be first understood by the business analyst?
Safety Stock
Additional inventory kept on hand to mitigate the risk of stockouts due to unpredictable demand.
Lead Time
The amount of time it takes for an order to be fulfilled from the moment it is placed until it is received by the customer.
Kanban Size
The quantity of work or materials specified by a Kanban card, used in a pull system to control inventory and workflow.
Setup Cost
The expenses incurred to prepare equipment or processes for manufacturing an order or a batch of goods, including costs for adjusting machines, cleaning, and changing tooling.
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