Examlex
What is the major advantage of air freight? How does this relate to logistics principals discussed earlier?
Excess Capacity
The availability of more production capacity within a business than is currently needed to meet demand.
Special Order
An order for a product or service that is outside the company's normal scope of work, often requiring a unique set of costs and pricing.
Relevant Cost
Costs that are directly related to a specific business decision, affecting the future cash flows.
Relevant Benefits
The advantageous outcomes or gains that are directly attributable to a specific action or investment.
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