Examlex
If a researcher is interested in whether eating dairy products is related to developing diabetes, an epidemiologist would call diabetes the in the study.
Work in Process
Work in Process is inventory that includes goods in production but not yet completed, representing a stage between raw materials and finished goods.
Value-Added Cost
Costs that contribute to increasing the value of a product or service from the perspective of the customer, such as improvements in quality or features.
Theory of Constraints
A management philosophy focusing on identifying and managing the most significant limiting factor (constraint) that stands in the way of achieving a goal.
Bottlenecks
Points of congestion in a system where the actual or potential capacity is less than the demand, leading to delays or slowdowns.
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