Examlex
Using examples, compare and contrast ERG theory and Maslow's hierarchy of needs.
Safety Stock
Extra inventory kept to guard against shortages due to fluctuations in demand or supply.
Lead Time
The amount of time that elapses between the initiation and completion of a production process or delivery of a service.
Kanban Size
Kanban size refers to the quantity of work or production capacity represented by a kanban card in a lean manufacturing system, aimed at controlling the flow of resources through the production process.
Setup Cost
The expenses involved in configuring a process, machine, or system for a particular production run or task.
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