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Setup Cost
The expenses associated with configuring or preparing equipment, machinery, or production lines for manufacturing a new product batch or type.
Operate
Operate refers to the process of controlling and managing the functions of systems, machinery, or organizations.
Strategic Planning
A systematic process for envisioning a desired future and translating this vision into broadly defined goals or objectives and a sequence of steps to achieve them.
Supply Chain Network Design
The strategic planning and setup of a network of interconnected businesses involved in the provision of product and service packages required by end customers.
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