Examlex
An increase in the amount of time spent at the computer over the years has led to an increase in repetitive strain injuries which include carpal tunnel syndrome,bursitis,appendicitis,and tendonitis.
Johnson's Rule
A scheduling rule that minimizes idle time and enhances job sequencing efficiency in a manufacturing process.
Alpha
In statistics, alpha refers to the significance level used to reject the null hypothesis, often set at 0.05 or 5% risk. In finance, it represents the excess return on an investment relative to the return of a benchmark index.
Beta
A measure of the volatility or systemic risk of a security or a portfolio compared to the market as a whole.
Finite Capacity Scheduling
A method used in manufacturing to allocate plant and machinery resources effectively, planning production to meet demand within a finite or limited capacity.
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