Examlex
In a cumulative relative frequency distribution, the last class will have a cumulative relative frequency equal to
Production Processes
The sequence of operations or steps involved in manufacturing a product or delivering a service, from raw material to final product.
Production Rate
The speed at which products are manufactured or produced within a given time frame.
Volume Flexibility
The ability of a manufacturing or service system to economically adjust its output in response to fluctuations in demand.
Variety Flexibility
The ability of a manufacturing system or company to quickly adapt its operations to produce a wide range of products.
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