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The Central Belief of the JIT Philosophy Is Elimination of Waste)

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The central belief of the JIT philosophy is elimination of waste) What are the other beliefs that help define this philosophy?


Definitions:

Null Hypothesis

A hypothesis that suggests no significant difference or effect, proposed to be tested against an alternative hypothesis.

Random Sample

A subset of individuals chosen from a larger population, where each individual has an equal chance of being selected, used to infer population characteristics.

Small Bag

A diminutive container used for carrying personal items or purchases, typically hand-held or shoulder-mounted.

Large-Sample Z

A statistical method used to approximate the significance of difference between means, applicable when sample size is large and variances are known or assumed to be equal.

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