Examlex
If a firm is inundated by qualified applicants when it advertises a job opening and the firm's quit rate is unusually low,then the firm is probably paying:
Operating Point
The steady-state condition where a system or component operates, often determined by balancing external inputs with the system's response.
Process Variable
A process variable is any measurable condition in a process or system, such as temperature, pressure, or flow rate, which can be controlled and monitored.
Continuous Process
A manufacturing or chemical process that operates uninterrupted, as opposed to batch processing which occurs in distinct steps.
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