Examlex
What is the world's youngest self-made billionaire known for?
Demand Management
The process of forecasting and managing customer demand to optimize supply chain and production processes.
Supply Chain
The entire network of organizations involved in creating and delivering a product or service, from raw materials to the end user.
Marginal Subcontracting Cost
The additional cost incurred by a company when it chooses to outsource work or production to a subcontractor instead of handling it internally.
Layoff Cost
Expenses incurred by a company when it dismisses employees, including severance pay, benefits continuation, and other related costs.
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