Examlex
The NASDAQ Composite Index is a specialty index that measures the performance of the smallest U.S.companies based on market capitalization.
Service Productivity
A measure of the efficiency of a service operation, typically calculated as the ratio of outputs (services provided) to inputs (resources consumed) in rendering the service.
Flexible Manufacturing System
A system that allows for the easy adaptation of the production equipment and processes to manufacture different types of products or change production volumes in response to market demands.
Benefits
Advantages or positive outcomes resulting from actions, activities, or participation in certain programs or initiatives.
Flexibility
Flexibility refers to the ability to adapt or adjust to new conditions, changes, or challenges without significant impact on functionality or outcomes.
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