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Best Location
Best Location refers to the most optimal geographic location for a business or facility based on factors such as cost, accessibility, logistics, and market demand.
Distribution Point
A location from which goods are distributed to consumers or retailers, acting as an intermediary node in the supply chain.
Mathematical Technique
A method or procedure employed in solving mathematical problems or in modeling real-world phenomena using mathematical concepts.
Labour Cost
The total expenditure incurred by employers to compensate the workforce, including wages, benefits, and any other employee-related expenses.
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