Examlex
Spatial data (geospatial data or geographic information) identifies the geographic location of features and boundaries on earth, such as natural or constructed features, oceans, and more. Spatial data can be mapped and is stored as coordinates and topology. A GIS accesses, manipulates, and analyzes spatial data.
Financial Measures
Metrics used to assess a company's performance in terms of profitability, liquidity, solvency, and operational efficiency.
Bottleneck
A point of congestion or blockage in a production system that significantly reduces efficiency.
Theory of Constraints
A management philosophy focusing on identifying and relieving bottlenecks in processes to improve performance.
External Failure Cost
Costs incurred when a product fails to meet quality standards after it is delivered to the customer, including returns, repairs, and lost reputation.
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