Examlex
Which of the following is not normally included in an opera?
Inventory Management
The practice of ordering, storing, tracking, and controlling inventory to ensure an adequate supply without excessive oversupply or loss.
Just-In-Time Approach
A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs by receiving goods only as they are needed in the production process.
Cash Cycle
The period of time it takes for a company to convert its investments in inventory back into cash, reflecting how efficiently a company manages its assets.
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