Examlex
Most computers and electronic devices are analog, which uses only two discrete states: on and off.
Make or Buy
A decision-making process in businesses to determine whether to produce goods internally or purchase them from an external supplier.
Operating Capacity
The maximum output that a company can produce under normal conditions over a specific period of time.
Setup
An overhead activity that consists of changing tooling in machines in preparation for making a new product.
Changing Tooling
Changing tooling involves updating or replacing the sets of tools used in manufacturing processes to improve efficiency or adapt to producing a different product.
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