Examlex
Almost one-third of the Aboriginal population is under age 15,in contrast with half of the non-Aboriginal population.
Lean Manufacturing
A systematic approach to manufacturing that focuses on minimizing waste within manufacturing systems while simultaneously maximizing productivity.
Nonfinancial Measure
Quantitative measures that are not expressed in monetary units but are used to gauge a company’s performance or status, like customer satisfaction or employee turnover.
Lead Time
The period between the initiation of a process and its completion, often used in manufacturing and supply chain management to describe the time taken from ordering to receiving a product.
Setup Times
The duration required to prepare or configure equipment or processes before the commencement of production or service delivery.
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