Examlex
An employee involvement program that solicits employee suggestions about the company's work schedule and working conditions may be illegal under the Wagner Act.
Lead Time
The total time taken from the initiation of a process or project to its completion.
Labor Cost
The total expenditure incurred by an employer on behalf of employees, including wages, benefits, and taxes.
Holding Cost
The expenses associated with storing unsold inventory, including warehousing, insurance, depreciation, and opportunity costs.
Lot Size
The quantity of a particular product that is produced or purchased in a single batch.
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