summation

Vocabulary Word

Definition
Summation can be understood as the process of calculating the total of something. It’s likes tallying up all the points in a game, or the final price after adding up all the items in your shopping cart.
Examples in Different Contexts
In literature, a 'summation' can wrap up key events. A critic might suggest, 'The novel's final chapter serves as a poignant summation of the protagonist's journey and growth.'
Practice Scenarios
Business

Scenario:

Our cost base seems to be rising. It might be useful to review all our recent expenses to get a clearer picture.

Response:

I agree. Let's perform a summation of all expenses and see where we can control costs.

Operations

Scenario:

Can you analyze how long it takes for each unit to be produced on the assembly line? A better understanding of how to manage our time can increase productivity.

Response:

A summation of assembly line time for each unit can help identify bottlenecks and streamline the process.

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