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Functions of MES Programs Include: Compiling a Bill of Materials,resource

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Functions of MES programs include: compiling a bill of materials,resource management and scheduling,preparing and dispatching production orders,and preparing WIP reports.


Definitions:

Conclusions

The judgments or decisions reached by reasoning, often seen as the end result of a research study or analysis.

Confidence Intervals

A collection of values, obtained through sample analysis, which is thought to include the value of an undetermined population variable.

Test Statistics

A standardized value that is calculated from sample data during a hypothesis test and is used to determine whether to reject the null hypothesis.

Distributions

A statistical term describing all the possible values and their associated frequencies for a data set or variable.

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