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Hybrid Processes Combine Features of Make-To-Order and Make-To-Stock Production Processes

question 53

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Hybrid processes combine features of make-to-order and make-to-stock production processes.


Definitions:

Poisson Distribution

A probability theory used to predict the likelihood of various events happening over a specified period, assuming the events are rare and independent.

Customers Arrive

Describes the action or process of clients or consumers coming to a place of business or service, initiating the demand for transactions or services.

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