Examlex
Briefly explain each of the seven key components of a business plan and what you should include in each.
Cycle Inventory
Inventory that is held or maintained in the supply chain to facilitate the regular, ongoing production and distribution of goods.
Flow Time
The total time it takes for a product to move through a production process, from start to finish.
Economies of Scale
Cost advantages obtained due to increased production scale, where the cost per unit of production decreases with larger volume.
Cycle Inventory
The inventory a company needs to meet its average sales demand between the arrival of stock replenishments.
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