Examlex
What is a set of interrelated elements or parts that function as a whole called?
Variability
Variability refers to the extent to which data points in a set differ from the average value.
JIT
Just-In-Time is a management strategy that aligns raw-material orders from suppliers directly with production schedules, aiming to minimize inventory costs and increase efficiency.
Suppliers
Entities that provide goods or services to another company as part of a supply chain, often contributing to the production or distribution process.
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