Examlex
If the average age for an infant to crawl is 7 months,but your baby didn't crawl until 9 months,what should you conclude?
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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