Examlex
Which of the following statements is TRUE?
Kanbans
A scheduling system for lean manufacturing and just-in-time manufacturing that signals the need to move materials within a production facility.
Safety Stock
Inventory maintained beyond expected demand, providing a safeguard against unpredictability in supply chain and demand patterns, ensuring consistent availability of products.
Lead Time
The amount of time it takes for an order to be fulfilled from the moment it is placed.
Setup Cost
The cost incurred to prepare equipment or processes for manufacturing or production.
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