Examlex
JIT requires work-in-process when used with kanban so there is inventory to pull.When compared to synchronous manufacturing, this is viewed as a negative aspect of JIT.
Real Rate Of Return
The rate of return on an investment after adjusting for inflation, providing a clearer picture of the investment's true profitability.
Probability Range
The spread between values within which a random variable is expected to fall with a certain probability.
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