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Large Batches
Production method where goods are manufactured in significantly large quantities at once, often leading to economies of scale but increased inventory.
JIT Partnerships
Collaborations between suppliers and manufacturers to implement Just-In-Time inventory strategies, minimizing stock levels and reducing waste.
Engineering Changes
Adjustments or modifications made to the design or specifications of a product or system, often to improve functionality or performance.
Lot Sizes
The quantity of items that are processed, produced, or ordered as a batch, impacting inventory levels and manufacturing efficiency.
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