Examlex
Sample proportions that are less than the lower control limit indicate a change in the process that we would like to make permanent.
Responsiveness
The ability of a company to quickly adapt to changes in market conditions or demand.
Metric
A standard of measurement used to quantify performance, effectiveness, or efficiency in certain areas or processes.
Revenue
The total amount of money generated by a company from its normal business activities, typically from the sale of goods and services to customers.
Supply Chain Performance
A measurement of how effectively and efficiently a supply chain fulfills customer demands and operates in terms of cost, quality, and speed.
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