Examlex
All of the following are characteristics of Kaizen and just do it principles adopted at Cummins Engine,EXCEPT:
Queuing Theory
The mathematical study of waiting lines, or queues, aiming to predict queue lengths and waiting times.
Poisson Process
A statistical process that models the occurrence of a certain number of events within a fixed interval of time or space, with these events happening at a constant mean rate and independently of the time since the last event.
Probability
A numerical measure of the likelihood of a particular event occurring, expressed on a scale from 0 to 1.
Poisson Arrivals
A process that describes the probability of a given number of events happening in a fixed interval of time or space, assuming these events occur with a known constant mean rate and independently of the time since the last event.
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