Examlex
A statistic is a measurable characteristic of the population.
Operations Management
is the area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services.
Demand Curve
A graph showing the relationship between the price of a good and the amount of the good that consumers are willing to purchase at that price.
Transportation Algorithm
A mathematical optimization approach to solving problems related to logistics and the allocation of resources.
Subcontracting
The practice of assigning parts of a contract or job to other parties or firms to specialize in those components.
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