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Why should replenishment lead time be considered in supplier selection decisions?
Labour Standards
The criteria or guidelines that define acceptable working conditions, including hours of work, safety, wages, and benefits.
Predetermined Time Standards
Time values assigned to specific tasks based on prior analysis, often used in manufacturing and work measurement to establish time expectations.
Government Laws
Regulations and legal requirements established by local, state, and federal governments that businesses must comply with.
Reliable And Accurate
Describes information, processes, or systems that consistently produce the intended results and are free from errors.
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