Examlex
If one atom of carbon-14 weighs 14.0 atomic mass units and one atomic mass unit is equal to 1.66 × 10-24 grams, what is the mass of 25 atoms of carbon-14 in grams?
Optimal Location
The most favorable geographical position for a business or facility based on factors like cost, accessibility, and market demand.
Cost Leadership
A business strategy aimed at achieving the lowest operational costs within an industry to offer lower prices than competitors and thus gain market share.
Lowest-Cost Location
Refers to the geographic location selected for business operations, manufacturing, or logistics based on the criteria of minimal operational and production costs.
Economies of Scale
The cost advantage achieved when production becomes efficient, as the scale of the production increases, the cost per unit of the product decreases.
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