Examlex
To increase your referent power,you need to attain a management position.
Safety Stock
Extra inventory kept on hand to protect against stockouts caused by unpredictable demand or supply delays.
Lead Time
The total time taken from the initiation to the completion of a production process, including the time needed for all preparatory steps and actual manufacturing.
Kanban Size
The quantity of work or materials specified by a Kanban card in a pull-based inventory or production control system.
Setup Cost
The expenses incurred to prepare equipment or processes for manufacturing an order, including cleaning and tooling costs.
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