Examlex
In the Hong Kong government case study, reporting time was the main benefit of using SAS Business Analytics to generate reports.
Assets
Resources owned by a business or individual that have economic value and can contribute to future profits.
Excess Capacity
A situation in which a company can produce more goods or services than the market demands, often leading to idle resources or reduced production rates.
Efficient
The quality of achieving maximum productivity with minimum wasted effort or expense.
Cycle Inventory
Inventory that is held to manage the normal fluctuation of production or supply and demand, rotating through cycles of replenishment.
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