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A subsidiary ledger frees the general ledger from details of
Monte Carlo Analysis
A computational algorithm that uses random sampling to obtain numerical results, typically used to solve problems that might be deterministic in principle.
Average Lead Time
The typical amount of time taken from the moment an order is placed until it is received, reflecting supply chain efficiency.
Poisson Distribution
A statistical distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space.
Unloading Rates
The speed at which goods are removed from a container, ship, or other transport vehicle.
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