Examlex
A network consists of the following list.Times are given in weeks.
a.Draw the network diagram.
b.Which activities form the critical path?
c.How much slack exists at activities A and F?
d.What is the duration of the critical path?
Kanban Size
The specific quantity of work components or tasks represented by a Kanban card, used in the Kanban system to control the flow through the production system.
Setup Cost
The expense incurred to prepare equipment, machinery, or a production facility for a manufacturing run or a project.
Carrying Cost
The total cost of holding inventory, including storage, insurance, depreciation, and opportunity costs.
Safety Stock
The additional quantity of inventory kept on hand to prevent stockouts caused by variability in demand or supply chain disruptions.
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