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A bottleneck happens when a key piece of manufacturing machinery can produce 1,000 units per hour and demand for the product supports a production rate of 1,200 units per hour.
Manic-Depressive Illness
Also known as bipolar disorder, a mental health condition characterized by extreme mood swings, including emotional highs (mania or hypomania) and lows (depression).
Probability
The chance or likelihood that an event will happen, quantified as a number between 0 (impossible) and 1 (certain).
Biased Coin
A modified or manipulated coin which does not have an equal probability of landing on heads or tails, thus influencing the outcome of a flip.
Probability
The likelihood of an event happening is measured on a scale from 0 to 1, where 0 equals no chance of occurring and 1 denotes definite occurrence.
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