Answer Posted / Praveen Kumar Srivastava

Make-to-Stock (MTS) is a production planning strategy where products are manufactured in advance to meet expected demand. The inventory level acts as a buffer between the production lead time and the customer's demand. Make-to-Order (MTO), on the other hand, is a production planning strategy where products are only manufactured after receiving an order from a customer. This strategy reduces inventory levels but increases lead times.

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