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Operant conditioning was first described by John B.Watson based on the study of Little Albert.
Bill of Material
A comprehensive list detailing the raw materials, parts, and components, including quantities, required to produce a product.
Lot-For-Lot
An inventory replenishment strategy where the order quantity matches exactly the demand for the next period, aiming to minimize holding costs.
Gross Requirements
The total amount of materials or products needed to meet the production schedule without accounting for any inventories on hand.
Lead Time
The amount of time that elapses between the initiation and completion of a process or project.
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