General Glossary Term
Value Chain
A Value Chain is the linked set of activities within a supply chain that actively add value to the end product, as opposed to support or reporting activities. (Bridgefield Group ERP-Supply chain Glossary)Value Analysis
Value Analysis is the method to determine how features of a product or service relate to cost, functionality, appeal and utility to a customer (i.e., engineering value analysis). (See Target Costing .)Value-added Reseller
A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete “turn-key” solution… (Wikipedia)Standard Deviation
Standard deviation is an index of variability that statisticians can use to characterize the dispersion among the measures in a given population. It’s the measure of the spread of the data about the mean. Numerically, the standard deviation is the square root of the...Skew
The direction and strength of the difference between the mean and the median in a distribution.The Building & Remodeling Wiki Sponsors:
