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Time Study Analysis

Time study analysis is a method of directly observing and recording the time taken to perform a task. It involves using a Companies use tools like a stopwatch, video camera, or electronic timer to measure how long different elements of a job take to complete. Indeed,...

Lurking Variable

A lurking variable sometimes called a hidden or unobserved variable, is not included in the analysis but still affects the relationship between the variables being studied. Ignoring such variables can lead to misleading or even completely wrong conclusions. In...

Weighted Shortest Job First (WSJF)

The challenge of determining which tasks to prioritize—given resource constraints—can be daunting. This is where Weighted Shortest Job First (WSJF) prioritization comes into play. By focusing on the most economically impactful tasks that can be completed quickly, WSJF...

Micro-Electro-Mechanical Systems (MEMS)

Micro-Electro-Mechanical Systems (MEMS) is a technology that integrates tiny mechanical elements, sensors, actuators, and electronics onto a single microchip. Advanced microfabrication techniques often build these systems on a substrate, typically silicon, and...

Turnaround Time

Turnaround Time (TAT) is a fundamental metric. It quantifies the duration from the initiation to the completion of a specific process. As highlighted in the provided text, its significance spans across a diverse range of industries. These include manufacturing,...