Supply Chain Glossary - C

Supply Chain Glossary - C

corrective maintenance

The maintenance required to restore an item to a satisfactory condition.

The relationship between two sets of data such that when one changes, the other is likely to make a corresponding change. If the changes are in the same direction, there is positive correlation. When changes tend to occur in opposite directions, there is negative correlation. When there is little correspondence or random changes, there is no correlation.


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