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When using the stepping-stone method for a minimization problem, the number of units that reallocates corresponds to the smallest number found in the cells containing minus signs.
External Service Provider
An outside company or individual that offers a specific service to an organization, often in areas where the organization lacks expertise or resources.
Compensation Costs
The total expenses incurred by an employer to provide wages, salaries, and benefits to employees.
Budgeted Costs
The estimated financial expenditure allocated for specific purposes during a predetermined timeframe.
Net Profit
The amount of money that remains from revenues after all operating expenses, taxes, and costs have been subtracted.
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