Examlex
List three characteristics of loyal customers that make them vitally important to a business.
Ranked Positional Weight
A method used in operations research and decision-making that assigns weights to positions or rankings based on their order to determine overall priorities or outcomes.
Cycle Time
The total time from the beginning to the end of a process, indicating the speed at which a system produces an output.
Product-oriented Layout
A product-oriented layout, reiterated, involves arranging the production resources in a linear or sequential manner to streamline the manufacturing process of specific products, enhancing efficiency.
Production Rates
The speed at which goods are manufactured in a given time period.
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