Examlex
When preparing review sections in a report,
Safety Stock
The additional quantity of inventory kept on hand to prevent stockouts caused by variability in demand or supply chain disruptions.
Lead Time
The duration between the initiation and completion of a production process or the time from ordering to delivery of a product.
Setup Cost
Expenses incurred to prepare or configure a process, machine, or system for production or operation.
Setup Time
The time required to prepare equipment, machines, or systems for a manufacturing process or production run.
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