Examlex
________ involves using in-store promotions and advertising to extend brand equity to "the last mile" and encourage favorable point-of-purchase decisions.
Kanban Size
Refers to the capacity or limit set for a kanban, a tool in lean manufacturing and just-in-time production, which signals when more materials or work is needed.
Setup Cost
A fixed cost incurred each time a production process or activity is initiated, which includes costs associated with preparing equipment and facilities for manufacturing.
Carrying Cost
The expenses associated with storing and maintaining inventory, including warehousing, insurance, and spoilage costs.
Safety Stock
Additional inventory kept to prevent stockouts, typically used as a buffer against demand variability or supply chain disruptions.
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