Examlex
What are the pressures for high inventories?
Measure Effectiveness
The assessment of the extent to which a particular process, activity, or task achieves its intended outcome or goal.
Underperforming
Describes a scenario where an individual, team, or organization fails to achieve the expected or required level of performance.
Calibrate
Calibrate means to adjust the precision of an instrument or tool to ensure its accuracy against a known standard.
Indirect Costs
The soft costs whose value can be estimated but not measured easily by financial expenditures.
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