Examlex
Duverger's theory predicts that if a country with a homogeneous society (few cleavages) uses permissive electoral rules, then it will have many parties.
Just-In-Time
An inventory strategy that aligns raw-material orders from suppliers directly with production schedules to minimize stock levels.
EOQ
Economic Order Quantity; the ideal order quantity a company should purchase to minimize its inventory costs, including holding, shortage, and order costs.
Just-In-Time
An inventory management strategy that aims to increase efficiency and reduce waste by receiving goods only as they are needed in the production process.
Manufacturing Firms
Companies engaged in the production of goods in large quantities, often utilizing complex machinery and human labor in factories.
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