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How does a time draft become a banker's acceptance?
Reliability
The quality of being dependable or reliable; in products, it refers to the likelihood of them performing consistently over their expected lifecycle.
Mathematical Probability
The quantitative measurement of the likelihood of a certain event occurring, based on mathematical calculations.
Stipulated Time
A specified or agreed-upon period in which something is to be done or accomplished.
Total Quality Management
A comprehensive and structured approach to organizational management that seeks to improve the quality of products and services through ongoing refinements in response to continuous feedback.
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