Examlex
The most common form of autocorrelation is positive autocorrelation,where large observations tend to follow large observations and small observations tend to follow small observations.
Robot Technology
The use of machines programmed to perform tasks autonomously in various applications, including manufacturing, healthcare, and services.
Computer-Integrated Manufacturing
A system of manufacturing in which all the processes are controlled by computers, enhancing efficiency and flexibility.
Proximity to Market
The closeness of a business or production facility to its customer base or target market, often affecting logistics and transportation costs.
Product Layout
An arrangement of machinery, equipment, and staff within a production facility, designed to enhance efficiency by organizing resources according to the sequence of operations.
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