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_____ can help a firm implement an exact formula for procuring materials in the most efficient, cost-effective way possible and can update variables in real time to compensate for any changes in conditions.
Property
Items or assets owned by individuals or entities, including real estate, personal belongings, and intellectual rights, which have value and can be protected by law.
Bailments
A legal relationship in which physical possession of personal property is transferred from one person to another under agreement.
Contract
A binding accord between two or more parties that is legally recognized and includes mutual commitments.
Mislaid Property
Property that the owner has voluntarily parted with and then has inadvertently forgotten.
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