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Business chapter 9. STUDY. PLAY. purchasing: activity of finding the best resources for the best price from the best suppliers to produce the best goods and services (internet makes this easier) -relies on statistical sampling to locate errors by testing some of the items in a production line. TQM. total quality management
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A floating production storage and offloading (FPSO) unit is a floating vessel used by the offshore oil and gas industry for the production and processing of hydrocarbons, and for the storage of oil.A FPSO vessel is designed to receive hydrocarbons produced by itself or from nearby platforms or subsea template, process them, and store oil until it can be offloaded onto a tanker or, less
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Nov 11, 2015· Here are the 12 most important metrics to measure in manufacturing that are essential for a successful business: Manufacturing cycle time. Cycle time is the total time from the beginning to end of a process. In manufacturing, it measures the time taken for a product to pass through all machines, processes and cycles to become a finished product.
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