Examlex
In a perfectly balanced assembly line, no bottlenecks exist.
Average Lead Time
The typical amount of time taken from the moment an order is placed until it is received, reflecting supply chain efficiency.
Poisson Distribution
A statistical distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space.
Unloading Rates
The speed at which goods are removed from a container, ship, or other transport vehicle.
Cumulative Probability
represents the likelihood of a random variable falling within a specified range, calculated as the sum of probabilities up to a certain point.
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