Examlex
A business process is a set of coordinated and related activities that takes one or more types of input and creates an output of value to the customer.
Utilization Rate
The percentage of capacity or resources that are being used effectively in operations.
Manufacturing Capacity
The maximum amount of products a factory can produce over a specific period, taking into account the physical space, machinery, and labor available.
Quality Rate
An indicator or metric that measures the quality of products, services, or processes, often expressed as a percentage.
Machinery
Refers to the machines or the mechanical devices that are used in manufacturing or other industrial operations.
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