Examlex
Acceptance sampling is ________.
Dependent Demand
A demand for items that occurs as a direct result of demand for other items. It is typically calculated rather than forecasted, such as components or raw materials required for producing a final product.
Quantity Required
The total amount of materials or products needed to fulfill a specific purpose, task, or production requirement.
Reduced Inventory Levels
Refers to the strategy of keeping the stock of goods to a minimum to reduce holding costs and increase efficiency.
Faster Response
The ability to react quickly to changes, demands, or problems, often used in the context of customer service, manufacturing, or emergency situations.
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