Examlex
A physical file pointer "points to" a hardware device, such as a keyboard, screen, or printer.
Optimal Maintenance Policy
The most efficient and effective strategy for maintaining equipment or systems, balancing costs with downtime and operational performance.
Inventory
The total amount of goods and materials held by a business to support production, future sales, or servicing.
Downtime
The period during which an equipment, system, or service is not operational or functional, often resulting in productivity or revenue loss.
Product Failure Rate
The frequency at which a product fails within a specified period, often used as an indicator of product reliability.
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