Examlex
While there are many advantages of decentralization,what is the major disadvantage of decentralized organizations?
Large Batch Sizes
The production process strategy that involves manufacturing goods in large quantities to achieve economies of scale but may increase inventory holding costs.
Lead Time
Lead time refers to the period between the initiation and completion of a process, such as the time taken from placing an order to delivery or the duration of manufacturing a product.
Reducing Wait Time
Strategies and measures implemented to decrease the amount of time customers or users wait for service or product delivery.
Reducing Inventory
The process of decreasing the amount of goods on hand, often to improve cash flow or reduce storage costs.
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