Examlex
Which of the following is a component of the operational CRM system?
Safety Stock
Additional inventory maintained to mitigate the risk of stockouts due to uncertainties in demand or supply chain disruptions.
Lead Time
The amount of time that passes from the start of a process until its completion, often used in manufacturing and project planning.
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.
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