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A Facility Built Because of Tax Incentives, Local Content Requirement

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A facility built because of tax incentives, local content requirement, tariff barriers, or high logistics cost to supply the region from elsewhere with the objective to supply the market where it is located is


Definitions:

Retries

The number of attempts to perform an action after initial failures.

Variances

A measure of the dispersion of a set of data points around their mean; essentially, it quantifies how much the data points differ from the mean.

Bivariate Distributions

Probability distributions that involve two random variables, analyzing the correlation and dependencies between them.

Expected Values

The predicted value of a variable, calculated as the sum of all possible values each multiplied by the probability of its occurrence.

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