Examlex
The term 'entitativity' refers to
Holding Cost
The expenses associated with storing unsold inventory, including warehousing, insurance, depreciation, and opportunity costs.
Lot Size
The quantity of a particular product that is produced or purchased in a single batch.
Setup
The process of preparing or configuring equipment or a work area for a new production run or task, which can involve adjustments and changeovers.
Kanban Size
The quantity of work or materials designated to trigger production activities in the Kanban system, balancing inventory levels and throughput.
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