Examlex
What is the variance of the returns on a security given the following information?
Just-In-Time (JIT)
A manufacturing strategy that aims to reduce inventory levels and increase efficiency by producing products only as they are needed.
Defects Tolerated
The acceptable number or percentage of defects or errors allowed in a production or manufacturing process.
Total Quality Management
A comprehensive management approach that focuses on continuous quality improvement of products and services by involving all employees.
Normative Distances
The customary or expected social spaces people maintain during interactions, which can vary culturally.
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