Finished-goods variation
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finished-goods variation is acalculated level of finished goods based on demand variation and service level required. This finished-goods inventory is usually used for products utilizing Kanban replenishment with zero customer tolerance on delivery.
Definitions
According to the Lean Manufacturing by Feld,
- finished-goods variation. A calculated level of finished goods based on demand variation and service level required. This finished-goods inventory is usually used for products utilizing Kanban replenishment with zero customer tolerance on delivery.