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List the procedures for statistically adjusting data and briefly discuss the uses for each.
Efficient Frontier
In finance, a set of optimal portfolios that offer the highest expected return for a given level of risk or the lowest risk for a given level of expected return.
Responsiveness
The ability of an organization or system to quickly react to changes or needs within its environment or among its stakeholders.
Supply Chain
The network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, and eventually to the end user.
Replenishment Lead Time
The interval between the placement of an order and its delivery, significant in inventory management and planning.
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