Examlex
Why was cotton production an important development in the South in the late-eighteenth and early-nineteenth century?
Demand Satisfaction
The degree to which the needs and desires of customers for a product or service are met by a company.
Over-Capacity
The condition of having more production or service capacity than currently needed, which can lead to inefficiencies, increased costs, and downward pressure on prices.
Flexible Capacity
The ability of a production system to adjust and scale its output up or down to match demand variations.
Production Flows
The sequence and processes involved in the production of goods, from raw materials to finished products.
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