Examlex
The federal government is using fiscal policy when it cuts __________ in order to boost the economy.
Computerized Model
A digital simulation or representation of a real-world process, system, or concept designed to study its behavior and make predictions.
Mathematical Modeling
The process of creating a mathematical representation of a real-world situation or system to analyze and predict its behavior.
Lead Time
In purchasing systems, the time between recognition of the need for an order and receiving it; in production systems, it is the order, wait, move, queue, setup, and run times for each component.
Inexpensive
Having a low cost or price; not expensive.
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