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Author Question: What is the difference between Make to stock (MTS) and Make to order (MTO) ... (Read 137 times)

jCorn1234

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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

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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

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Reply 2 on: Aug 1, 2018
Wow, this really help


AngeliqueG

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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