Strategies Aimed at Reducing the Total Duration It Takes to Deliver

question 74

Multiple Choice

Strategies aimed at reducing the total duration it takes to deliver a product or service are known as

• A)mechanistic organization.
• B)computer-integrated manufacturing.
• C)continuous process.
• D)time-based competition.
• E)lean manufacturing.

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Definitions:

Parameter

In statistical analysis, a parameter is a quantity that characterizes a certain aspect of a population or a model.

Statistic

A number that describes a characteristic of a sample, derived from the data that the sample contains.

Range

The difference between the highest and lowest values in a dataset.

Variances

Measures of the dispersion or spread of a set of data points around their mean value.