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Three defective electric toothbrushes were accidentally shipped to a drugstore by the manufacturer along with 17 non-defective ones. What is the probability that the first two electric toothbrushes sold will be returned to the drugstore because they are defective?
Supply Chain Complexity
The degree of intricacy and interconnectivity in a supply chain, influenced by factors like number of products, geographical spread, and variability in demand.
SKUs
Stock Keeping Units, unique codes assigned to products to identify them, often used for inventory management.
Transportation Requirements
Specifications or conditions that need to be met for the movement of goods, including regulations, delivery windows, and vehicle capacity.
Performance Measurement
The process of evaluating the efficiency and effectiveness of actions or operations within an organization or system.
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