Examlex
Just-in-time manufacturing (JIT) is a system that acquires inventory and produces only when needed.
Variable Costs
Expenses that change in proportion to the activity or volume of business, such as materials and labor costs.
Fixed Costs
Rephrased: Expenses that remain constant regardless of the company's level of production or business activity.
Trucking Department
A specialized division within a company responsible for the management and operation of trucking logistics, including transportation and delivery services.
Peak-Period Requirements
The increased demand or resources needed during the busiest or most active times for a business or service.
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