Examlex
Patients arriving at an outpatient clinic follow an exponential distribution at a rate of 1.5 patients per hour. What is the probability that a randomly chosen arrival to be less than 10 minutes?
Quality Cost Report
A document detailing the costs associated with preventing, detecting, and correcting defective work, often used in quality control efforts.
Delivery Cycle Time
Delivery cycle time is the total time taken from the receipt of a customer order to the delivery of the product, indicating the efficiency of a company's production and distribution process.
Fill Orders
The process of completing customer orders by preparing and delivering the requested goods or services.
Manufacturing Cycle Efficiency
A measure of the efficiency of the production process, calculated as the value-added time divided by the total cycle time.
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