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For a normal curve, if the mean is 25 minutes and the standard deviation is 5 minutes, the area to the left of 10 minutes is about 0.50.
Decision Variables
Variables that decision-makers control to determine the best action to take in operational and planning models.
Plant Capacity
The maximum output a manufacturing facility can produce under normal operating conditions in a specific period.
Chase Strategy
A capacity management approach that involves adjusting workforce and production levels to directly match demand fluctuations.
Production Planner
A professional responsible for determining the schedule and workflow of manufacturing processes to ensure efficient production.
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