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A psychologist administering the Stanford-Binet IQ test to an 8-year-old would
Economies of Scale
The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output decreasing with increasing scale.
Distribution Operations
Involves the management of the supply chain processes that ensure the efficient movement and storage of goods from the manufacturer to the end customer.
Materials Handling
The movement, protection, storage, and control of materials and products throughout manufacturing, warehousing, distribution, and disposal.
Order Fulfillment
The process of receiving, processing, and delivering orders to end customers.
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