Examlex
What are the ISO 9001 and ISO 14001 standards? Why are they important?
Utilization Factor
A metric that measures the percentage of time that a resource (e.g., machine, employee) is actively used compared to the total available time.
Time Between Arrivals
The average or specified period of time that elapses between the arrival of successive units, customers, or entities in a process or system.
Repetitive Focus Factory
A factory designed to produce high volumes of a limited range of products, focusing on efficiency and repetitive processes.
Processing Part
The phase or component in manufacturing that involves the change or transformation of materials into final products.
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