Examlex
Which of the following is a benefit of keeping a portfolio for each child?
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.
Carrying Cost
The total cost of holding inventory, including storage, insurance, depreciation, and opportunity costs, synonymous with holding costs but with a rephrased definition for clarification.
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