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Explain Exchange Control

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Explain exchange control.


Definitions:

Work Centers

Locations within a manufacturing operation where specific tasks are carried out, usually consisting of one or more machines or work areas.

Process-oriented Layout

A way of arranging equipment and workstations in a workspace where similar processes are grouped together, aimed at optimizing efficiency in production or service operations.

Material Flow

The movement, storage, control, and protection of materials, goods, and products throughout the process of manufacturing, warehousing, distribution, consumption, and disposal.

Minimize Distance

The objective to reduce the total length or travel time between points, often in logistics, routing, or layout planning.

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