JUST IN TIME MANUFACTURING
For quicker response to customer needs with no large finished goods or goods-in-process inventories, JIT inventory system is applied to production lines.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
For quicker response to customer needs with no large finished goods or goods-in-process inventories, JIT inventory system is applied to production lines.
Irish physicist William Thomson (1824-1907),honored as 1st Baron Kelvin (Lord William Kelvin), developed this scale. Temperature scale beginning at absolute zero (273.15
Keyboard or keypad driven computerized data entry. Prior to PCs, to issue commands or store data in the era of mini or mainframe computers, key punching was actual punching of holes in
Pre-launch gathering of stakeholders and prime movers of a program or project. Agenda is strategy, direction, roles, goals, and objectives.
Event-driven benefit payoff tied to something not occurring like a specific change in an asset’s price. Contrast to knock-in option.
Industrialized countries excluding the US agree to reduce emissions of greenhouse gases. Negotiated in 1997 in Kyoto, Japan.
Leadership style that is non-authoritarian. Such leaders give minimal guidance to subordinates, controlling with less obvious means. People are expected to excel, being left alone to respond to their responsibilities and obligations
Mobile, portable, compact personal computer; the primary attraction over desktops. Contrast to a desktop computer. Screen exist in the cover and can be lowered to close the laptop for easy transportation. Typically
When the borrower has not made a payment when it was due, a lender can impose an additional fee.
Company that involves itself in the business of law. Lawyers that work together under a specific firm name, may only focuses on certain kinds of law, deal with various general law cases.
Easygoing, loose, un-restricted. An expectation of discipline not tightly held, like a business dress code allowing jeans on Fridays.
a product or service user driving the leading edge of significant market trends. Meeting the needs of these users is a strong incentive for solutions. As user needs become the mainstream, development
Business or finance decision to act based on available information or analysis but with an uncertain the outcome. Attributed to the religious act of accepting the existence of a deity without tangible
Value calculated as: total premiums paid minus the end-of-year policy value minus dividends. Life insurance policy’s net cost.
Lawfully certified weight based on the use of a lawfully certified scale or weight counterbalance. An article’s unit weight is calculated by adding the article’s basic weight and the wrapping and container
A manager or interviewer rates an employee or the candidate too positively, causing a performance appraisal or interview bias. Contrast with strictness error.
Buyer’s or importer’s bank, known as the issuing bank makes a written commitment to the seller’s or exporter’s bank, known as the accepting bank, negotiating bank, or paying bank. A written commitment
Distance between printed text characters. This spacing is adjustable to increase or decrease the average distance between letters. Can be applied to a block of text or paragraph. ‘Proportional letter spacing,’ adjusts
A premium that doesn’t change despite any increase in risk.
Defamatory statement published through any manner or media. If intended to simply bring contempt, disrespect, hatred, or ridicule to a person or entity it is likely a civil breach of law. However,