Examlex
Manufacturing firms always find it desirable to hold large inventories of raw materials,components and parts,work-in-process,and finished goods.The goal is to always have these items available for immediate needs.
Incentive
A factor that motivates or encourages someone to do something, often linked to rewards or punishments.
Optimal Level
Pertains to the most favorable or advantageous level or stage of a process, activity, or variable.
Drive Reduction
A theory in psychology suggesting that motivation arises from the desire to reduce internal tension caused by unmet biological needs, such as hunger or thirst.
Social Motive
Refers to the underlying reasons that drive individuals to engage in various social behaviors.
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