Examlex
Explain how JIT production and lean manufacturing are related.
Statistical Measure
A quantitative representation derived from a set of data to summarize or describe characteristics of that data.
Financial Institutions
Organizations that provide financial services, such as banks, insurance companies, and stock exchanges.
Market Prices
The existing rate at which a service or asset is offered for buying or selling in the market environment.
Efficiency
The extent to which assets, resources, and time are used effectively to achieve a desired outcome, often measured in terms of output per input.
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