This topic contains a solution. Click here to go to the answer

Author Question: What is the difference between Make to stock (MTS) and Make to order (MTO) ... (Read 55 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
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?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LegendaryAnswers

  • Sr. Member
  • ****
  • Posts: 341
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
Thanks for the timely response, appreciate it


mcarey591

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Excellent

 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

For a complete list of videos, visit our video library