Computer-aided manufacturing (CAM) is not primarily a production method based on replacing stock as it is needed; rather, it involves the use of software and computer-controlled machinery to automate and optimize manufacturing processes. While CAM can support just-in-time (JIT) production techniques, which focus on minimizing inventory and producing goods as needed, its main purpose is to enhance precision, efficiency, and flexibility in the manufacturing process itself. Thus, CAM can be part of a broader production strategy that includes inventory management practices.
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