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Consider a workstation that can process 1060 units per hour. It takes 15 minutes to receive an order from the previous station. The container size is 20 units. The factory sets safety stock at 20 percent of demand during lead time. How many kanbans are needed for the workstation?
Exchange Rate
The value of one currency expressed in terms of another currency, used to determine how much of one currency can be exchanged for another.
Tax Rebate
A refund on taxes when the tax liability is less than the taxes paid.
Interest Rate
The percentage of a sum of money charged for its use, usually expressed as an annual percentage.
Net Capital Outflow
The difference between the domestic purchase of foreign assets and the foreign purchase of domestic assets.
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