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What is the local loop, or last mile?
Maintenance Activities
Tasks undertaken to keep equipment or facilities in good working condition and to prevent breakdowns.
Shop-Floor Control
A system used to manage, control, and track the process and production flow on the manufacturing shop floor.
Normal Probability Distribution
The normal probability distribution, also known as the Gaussian distribution, is a symmetrical bell-shaped distribution where most observations cluster around the central peak.
Arrival Rates
The frequency at which entities (like customers, goods, or information) arrive at a point of service or processing, impacting resource allocation and system capacity.
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