Examlex
Smaller transfer batches give lower work-in-process inventory and faster product flow.
Histograms
A type of graphical representation of data distribution using bars of different heights to illustrate the frequency of data points within certain ranges.
Original Data
The initial dataset collected or observed before any processing, analysis, or transformation is applied.
Skewed Histogram
A graphical representation of data that is not symmetrical and leans towards one side, indicating a lack of normal distribution.
Tail
The extreme end or the farthest part from the mean in a distribution, often referred to in discussions of outliers and probabilities.
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Q82: Exponential smoothing models can be very complex.
Q86: Using the ABC classification system for inventory,