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John and Ira eat dinner together after work. Several hours later, each starts to feel nausea and stomach pains. John is a hypochondriac, Ira is not. Most likely
Essential Elements
Fundamental components or aspects that are crucial for the completion or success of a process, project, or system.
Enterprise Resource Planning
Integrated management software systems that are used to collect, store, manage, and interpret data from various business activities, facilitating information sharing across the organization.
SCM
Supply Chain Management, the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.
Just-In-Time Production
A manufacturing methodology aimed at reducing inventory costs by producing goods only as they are needed in the production process or by the customer.
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