Examlex
Corporate level strategies
Queuing Models
Queuing Models are mathematical theories and equations used to predict and analyze the behavior of waiting lines (queues) in various service or production settings, helping to improve efficiency.
Service Distributions
The channels through which services are delivered to customers, involving the physical or digital means by which services are provided.
Probabilistic Demand
A forecasting approach that estimates the likelihood of various levels of demand for products or services based on probability distributions.
Lead Times
The duration between the initiation and completion of a process or project, often used in manufacturing and supply chain management to schedule production or deliveries.
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