Examlex
Cryptography is the use of coding by means of mathematical processes.
Operations Improvement
Operations improvement involves strategies and actions aimed at boosting the efficiency, productivity, and overall performance of the operational aspects of a business.
Inventory Management
The process of ordering, storing, tracking, and controlling inventory to ensure the right quantity and quality of stock.
Efficiency and Effectiveness
Terms that relate to the extent to which objectives are achieved (effectiveness) and the relation between the output and the resources used to produce it (efficiency).
Retail Method
An accounting practice used in the retail industry to estimate inventory costs based on the retail price.
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