Examlex
Another name for a capital expenditure is:
Heuristic Rule
A practical method or guideline designed to solve problems faster than conventional methods, though not always with a perfect outcome.
Product Layout
An arrangement where production equipment is organized according to the sequential order of the product's assembly steps, optimizing efficiencies in mass production.
Assembly Line Balancing
The process of assigning tasks to workstations in an assembly line to minimize idle time and optimize throughput.
Ranked Positional Weight
A method used in operations research and decision-making that assigns weights to positions or rankings based on their order to determine overall priorities or outcomes.
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