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Some common lean manufacturing practices include just-in-time (JIT) production, which involves producing goods only when they are needed, and reducing lead times between production and delivery. Additionally, businesses can implement strategies such as Kanban systems, which use visual cues to…

This is different from common stock, which has variable dividends that are declared by the board of directors and never guaranteed. In fact, many companies do not pay out dividends to common stock at all. Unlike a loan, cash generated…

Additionally, bundling can help to increase customer satisfaction by offering a more complete solution to their needs and preferences. Obsolete inventory can also result in significant storage and handling costs for businesses. As businesses accumulate excess inventory that cannot be…