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When You Call Your Sleeping Dog,his Eyelids Flutter;you Call Louder

question 235

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When you call your sleeping dog,his eyelids flutter;you call louder and his ears perk up;you call even louder and he wakes up.This is because:

Calculate and comprehend the significance of manufacturing cycle time in JIT operations.
Distinguish between JIT actions and non-JIT actions in inventory management.
Recognize characteristics and benefits of lean operations.
Understand the concept of waste in JIT and methods for its reduction.

Definitions:

Confidence Interval

A span of values, obtained from sample information, which is expected to encompass the value of an unidentified population characteristic.

Mean

The arithmetic average of a set of values, calculated by adding all the numbers together and dividing by the count of values.

Standard Deviation

A measure of the amount of variation or dispersion of a set of values, showing how much the values differ from the mean.

Mean

The average of a set of numerical values, calculated as the sum of the values divided by the number of values.

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