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Supply Chain Glossary - F

Supply Chain Glossary - F

fixed-period requirements

A lot-sizing technique that sets the order quantity to the demand for a given number of periods. See: discrete order quantity.

In the fixed-position layout, the position of the product is fixed. Materials, equipment, and workers are transported to and from the product or customer. Fixed-position layouts are used in industries where the products are very bulky, massive, or heavy, and movement is problematic.


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