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Newell and Simon were among the first to use computers for artificial intelligence. Their computer program
Routing Flexibility
The ability to adjust and optimize the paths that products take from origin to destination in response to changing conditions or requirements.
Work Centers
Specific locations in a manufacturing facility where certain processes or operations are performed.
Resource Requirements Planning (RRP)
The process of determining the resources (materials, labor, and machinery) required to meet production goals within a specified time frame.
Long-Run
A period of time sufficient for all factors of production, including physical capital, to be adjusted or for the full effects of economic decisions to be realized.
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