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In decision tree models, algorithms make decisions on which variable to use for splitting the data with the goal of identifying the best way to split the data into subsets.
Transportation Costs
Expenses associated with the movement of goods or materials from one location to another.
Supply Chain Design
The process of structuring a supply chain to meet the demands of the market, including the selection of suppliers, manufacturers, and distribution centers.
Innovation
The process of translating an idea or invention into a good or service that creates value or for which customers will pay.
Volume Density
Volume density, in logistics and material science, relates to the mass of an object or substance per unit volume, influencing shipping costs, storage requirements, and handling methods.
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