Examlex
What is the main advantage of on-the-job training?
Lead Time
The amount of time that elapses between the initiation of a process and its completion, often used in the context of product manufacturing or procurement.
Standard Deviation
An indicator of the spread or distribution of a data set, revealing how much the values deviate from the average.
Lead Time
The time taken from initiating a process until its completion, often used in the context of the time between ordering a product and its delivery.
Fill Rate
A metric that measures the percentage of customer or sales orders that are fulfilled from stock available, indicating the ability to meet demand.
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