Examlex
_____________ can be thought of as dividing the circuit horizontally.
Just-In-Time Approach
A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs by receiving goods only as they are needed in the production process.
Cash Cycle
The period of time it takes for a company to convert its investments in inventory back into cash, reflecting how efficiently a company manages its assets.
Credit Terms
Credit terms are the conditions under which a seller extends credit to a buyer, specifying the repayment period, discount for early payment, and applicable interest charges.
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