Examlex
Which of the following is not a computerized technique for layout planning?
Lead Time Demand
Lead time demand represents the total quantity of a product that is demanded by the market during the period it takes to replenish inventory, critical for effective inventory management.
Safety Inventory
Additional stock that is maintained to act as a safeguard against supply and demand uncertainties, ensuring product availability.
Holding Cost
The expenses incurred to store inventory, including warehousing, insurance, and depreciation, until the goods are sold or used.
Vidalia Onions
A sweet variety of onion grown exclusively in a specified region of Georgia, known for its unique taste.
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