Examlex
-What does the slope of the curved line at point A shown in the above figure equal?
Just-In-Time (JIT)
A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs.
Manufacturing Firms
Entities engaged in the industrial production of goods, transforming raw materials into finished products for distribution.
Demand-Pull
A production strategy where production is based on customer demand, pulling products through the manufacturing process to meet specific orders.
Downstream Workstations
Downstream workstations are the subsequent stages or positions in a workflow or production line where additional processing or assembly takes place, following upstream operations.
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