Asked by Alexia Salcedo on Jun 07, 2024
Verified
________ means frequent, high-quality, small lot sizes that contribute to just-in-time production.
Small Lot Sizes
Production or ordering in limited quantities, which can enhance flexibility and reduce inventory costs.
Just-In-Time Production
An inventory strategy companies use to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, thereby reducing inventory costs.
- Determine the resources, methodologies, and metrics applied in brief temporal planning and their effects on manufacturing and servicing contexts.
Verified Answer
KD
Learning Objectives
- Determine the resources, methodologies, and metrics applied in brief temporal planning and their effects on manufacturing and servicing contexts.
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