Examlex
What is reliability?
Over Time Cost
Expenses incurred from workers working beyond their standard hours, often paid at a higher rate.
Predictable Variability
Variations in demand, supply, or process that can be anticipated based on historical patterns, allowing for better planning and management.
Demand Management
The process of forecasting and managing customer demand to optimize supply chain and production processes.
Supply Chain
The entire network of organizations involved in creating and delivering a product or service, from raw materials to the end user.
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