Examlex
The local chieftain of a Mali farming village was called a
Ordering Cost
Expenses associated with placing an order for additional inventory, including administrative and clerical costs.
Drought Conditions
an extended period of deficient rainfall resulting in water shortages that can affect agricultural production, water supply, and overall ecological systems.
Economic Order Quantity
A calculated order size that minimizes the total cost of holding and ordering inventory.
Orders per Year
This metric calculates the number of orders placed with a company or within a supply chain system within a year, indicating the demand or sales volume.
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