Examlex
_____ is added to refined grain products as part of the enrichment process.
Holding Inventory
The process of storing unsold goods or materials that a business intends to sell to generate revenue.
Ordering Costs
Expenses associated with placing orders for goods or services, including cost of paperwork, communication, and transportation.
Just-in-Time Inventory
Just-in-Time Inventory is an inventory management strategy that aims to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.
Total Quality Management
Total Quality Management (TQM) is an organization-wide approach focused on continuous improvement and meeting customer satisfaction through systematic problem-solving and team-based collaborative efforts.
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