Examlex
When manufacturing is concerned with and wants long production runs,little customization and low inventories of raw materials,which is the most desirable situation?
Heuristics
Simplified approaches or rules of thumb used to make decisions or solve problems.
Optimum Solution
The best possible answer or result that fulfills all constraints and maximizes or minimizes the objective function in a given mathematical model or problem.
Machine-Paced
Referring to work or processes that are controlled by machines in terms of speed and timing, typically in a manufacturing or assembly line context.
Competitive Priorities
Strategic areas that a company focuses on to gain a competitive advantage, such as cost, quality, flexibility, and delivery.
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