Examlex
As defined in the text,the long run is a planning period:
Cycle
A sequence of events that repeat in a regular and predictable pattern over time.
Type Error
Mistakes made in statistical hypothesis testing, specifically Type I error (false positive) and Type II error (false negative).
Operator Downtime
The time period during which an operator or machine is not operational or producing, often due to maintenance, breakdowns, or setup changes.
Machine Downtime
The period during which a machine is not operational or available for use, often due to maintenance or breakdowns.
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