[Answered] What is the difference between Make to stock (MTS) and Make to order (MTO) ...

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Author Question: What is the difference between Make to stock (MTS) and Make to order (MTO) ... (Read 132 times)

jCorn1234

Hero Member
Posts: 545

on: Aug 1, 2018

What is the difference between Make to stock (MTS) and Make to order (MTO) environments?

Question 2

What do statisticians mean by the term accuracy?

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LegendaryAnswers

Sr. Member
Posts: 341

Reply #1 on: Aug 1, 2018

Answer to Question 1

Read about Manufacturing Environments

Answer to Question 2

Accuracy is the difference between the observed sample statistic and the actual value of the population parameter being estimated. This may also be referred to as estimation error or sampling error.

jCorn1234

Member
Posts: 545

Reply 2 on: Aug 1, 2018

Excellent

bblaney

Member
Posts: 323

Reply 3 on: Yesterday

Great answer, keep it coming

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