The Movement of Product from One Station to the Next

question 6

Essay

The movement of product from one station to the next as soon as the cycle time has elapsed is called ________.

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Definitions:

Global Optimization

Global Optimization is the process of finding the best possible solution or achieving the highest efficiency across all possible solutions in a given mathematical model or situation.

Decentralized Supply Chain

A supply chain management strategy where decisions and activities are distributed among various stakeholders or units instead of being centrally controlled, allowing for flexibility and localized decision-making.

Drop Shipping

A retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer.

Carpet Manufacturer

A company that specializes in the design, production, and distribution of carpets and rugs for various applications.