Examlex
Which factors explain downsizing and refocusing?
FR(%)
Fill Rate (FR%) is a metric that measures the percentage of customer demand that is met through immediate stock availability, without backorders or lost sales.
Normal Distribution
A statistical distribution where data is symmetrically distributed around the mean, commonly represented as a bell-shaped curve.
MTBF Distribution
Mean Time Between Failure Distribution; a statistical representation that describes the expected time between failures for a system or component.
Preventive Maintenance
Scheduled maintenance activities carried out on equipment to prevent unexpected failures or malfunctions.
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