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If the civilian noninstitutionalized population is 230,108, the number of employed is 145,926, the number of unemployed is 6,849, and the number of discouraged workers is 77,676, the unemployment rate is about 3.0 percent.
Past Experience
Refers to the events or interactions an individual or organization has encountered before the current moment, which can serve as a learning tool or guide for future actions.
Frequency of Occurrence
The rate at which a particular event or phenomenon happens over a specified period of time.
Just-In-Time (JIT) Scheduling
A logistics strategy where materials and products are produced or delivered only as needed, reducing inventory costs.
Timely Inventory Control
The practice of managing and optimizing stock levels to meet demand without incurring excess or shortage, ideally in a timely manner.
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