Examlex
The arithmetic difference between the nominal rate of interest and the expected rate of inflation is the
Standard Deviation
A numeric value that represents the extent of spread or variability among a dataset.
Preventive Maintenance
Scheduled maintenance activities designed to prevent equipment failures before they occur, aimed at reducing downtime and increasing reliability.
Breakdown Maintenance
involves repairs or adjustments made after equipment has failed, aiming to restore it to operational condition.
MTBF
"Mean Time Between Failures," a reliability measure for products indicating the average time between operational failures.
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