Examlex
The formal organization of a firm provides the lines of authority to follow in routine situations.
Fast Fashion
A term used to describe clothing designs that move quickly from the catwalk to stores to meet new trends.
Seasonal Output
Variation in the production or supply of certain products or services that is caused by changes in the season.
Short-Term Demand Forecasts
Predictions about future customer demand over a short period, usually up to one year, critical for successful inventory and production planning.
JIT
Just-In-Time, a production strategy that aims to reduce times within the production system as well as response times from suppliers and to customers.
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