Examlex
Did the headright system benefit the wealthy gentry in Virginia? Why?
Bullwhip Effect
The increasing fluctuation in orders that often occurs as orders move through the supply chain.
Orders Decrease
A situation where the number of orders for products or services is reducing, potentially impacting company revenue and production planning.
Unique-Event
A singular occurrence that is distinct in nature, not expected to repeat under normal circumstances.
Probability
The measure of the likelihood that an event will occur, quantified as a number between 0 and 1.
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