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According to the chapter, the reformulated Demographic Transition Theory provides a home for several of demographic perspectives: Malthusian, Marxist, and Neo-Malthusian. Explain how this theory accommodates each of these perspectives.
After-Tax Cash Flows
The net cash inflows and outflows of a project or investment after accounting for income taxes.
Pre-Tax Cash Flows
The amount of cash generated by a company's operations before considering the impact of income taxes.
Just-In-Time
An inventory management strategy that aligns raw-material orders from suppliers directly with production schedules to reduce stock levels and increase efficiency.
Production Flexibility
The capability of a manufacturing system to adapt efficiently to changes such as new product introductions, production volume adjustments, and design alterations.
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