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Figure 3-1
-Refer to Figure 3-1.An increase in population would be represented by a movement from
Lead Time
The time taken from initiating a process until its completion, often used in the context of the time between ordering a product and its delivery.
Fill Rate
A metric that measures the percentage of customer or sales orders that are fulfilled from stock available, indicating the ability to meet demand.
Standard Deviation
An indicator of the extent of variability or spread within a dataset, showing how significantly the values deviate from the average.
Lead Time
The amount of time that passes from the start of a process until its completion, often used in supply chain and project management.
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