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Supply Chain Glossary - P

Supply Chain Glossary - P

parallel schedule

The use of two or more machines or job centers to perform identical operations on a lot of material. Duplicate tooling and setup are required.

A coefficient appearing in a mathematical expression, each value of which determines the specific form of the expression. Parameters define or determine the characteristics or behavior of something, as when the mean and standard deviation are used to describe a set of data.


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