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Why is the demand for labor a "derived demand?"
P Chart
A type of control chart used for monitoring the proportion of defective items in a process over time, useful in quality control.
Standard Deviation
An index of the amount of variability in a set of data points, indicating average distance from the dataset's mean value.
Boutique Hotel
A small and stylish hotel that offers personalized service and is often situated in a fashionable or unique setting.
Check Guests
The practice of verifying the identity and booking details of guests in hospitality settings such as hotels.
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