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just-in-time
just-in-time


noun 
Definition:
 
manufacturing system: a manufacturing and stock-control system in which goods are produced and delivered as they are required. It is designed to eliminate waste and avoid the need for large inventories.
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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