____Refers to the Biotic and Abiotic Characteristics in the Environment

question 82

Multiple Choice

____refers to the biotic and abiotic characteristics in the environment that determine species distribution.

• A)Limiting factor
• B)Range of tolerance
• C)Ecological niche
• D)Habitat
• E)Symbiosis

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Definitions:

Holding Inventory

The process of storing unsold goods or materials that a business intends to sell to generate revenue.

Ordering Costs

Expenses associated with placing orders for goods or services, including cost of paperwork, communication, and transportation.

Just-in-Time Inventory

Just-in-Time Inventory is an inventory management strategy that aims to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.

Total Quality Management

Total Quality Management (TQM) is an organization-wide approach focused on continuous improvement and meeting customer satisfaction through systematic problem-solving and team-based collaborative efforts.