Examlex
Affirmative action programs involve hiring women or minorities ________.
Level Schedules
Production planning method that maintains a consistent output rate or workforce level, avoiding fluctuations in response to changing demand.
Shigeo Shingo
A Japanese industrial engineer known for his influential work in the Toyota Production System and the development of lean manufacturing principles.
Inventory Is Evil
A principle in lean manufacturing and just-in-time (JIT) production that highlights the drawbacks of holding excess inventory, including high costs and potential wastage.
Setup Cost
A financial amount charged for the initial work to configure, prepare, or adjust machinery or equipment for a production run.
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