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Determine Which Is the Best Approach for Each Problem

question 3

Multiple Choice

Determine which is the best approach for each problem.
-Develop a profile for credit card customers likely to carry an average monthly balance of more than $1000.00.


Definitions:

Throughput

Throughput is the rate at which a system generates its products or services, a key performance measure in manufacturing, computing, and communication systems.

Raw Materials

The unprocessed or minimally processed resources used to produce goods or products, typically extracted from natural sources.

Finished Products

Goods that have completed the manufacturing process and are ready for sale or distribution to customers.

5Ss

A workplace organization methodology focusing on standardizing procedures and optimizing cleanliness and order, originating from five Japanese terms: Seiri, Seiton, Seiso, Seiketsu, and Shitsuke.

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