During lead time, the company continues to use and draw down its inventory.
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Q21: Stopwatches are used to time a task
Q22: JIT techniques are the result of the
Q23: Carrying costs vary directly with the size
Q24: The more units of inventory you procure,
Q25: Small lots minimize procurement costs while maximizing
Q27: The combination of usage during lead time
Q28: Done properly, TQM involves taking away responsibility
Q29: Statistical quality control involves using control charts
Q30: _ refers to the component material or
Q31: _ means that a company would rather
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