Examlex
A relational database table is in third normal form (3NF)if it is in second normal form (2NF)and if every non-key field is functionally dependent on the primary key.
Cost Reduction
The process of cutting expenses to improve profitability without compromising the quality or availability of goods and services.
Customer Value
The perception of what a product or service is worth to a customer versus the possible alternatives, often influencing their loyalty and purchasing behavior.
Average Cycle Time
The average duration it takes to complete a process from start to finish, often used in manufacturing and project management.
Total Processing Time
The complete amount of time required to finish a task or process from start to end.
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