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What capabilities do Chebyshev's theorem and the empirical rule provide?
Appraisal Costs
Expenses associated with the evaluation and inspection of products to ensure they meet quality standards and requirements.
Throughput Time
The total time taken to manufacture a product, which includes processing, inspection, move, and queue times.
Manufacturing Cycle Efficiency
A performance measurement that evaluates how efficiently a manufacturing process converts raw materials into finished goods.
Non-value-added Activities
Processes or tasks that consume resources but do not add value or contribute to the customer's requirements or product enhancement.
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