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In a short essay,list and discuss the three types of comparative scaling techniques.Include a specific example for each scaling technique to support your answer.
Replenishes
Refers to the process of filling up or restoring inventory or supplies to their optimal levels.
Optimal
The most favorable condition or level of efficiency that a system, selection, or outcome can achieve under given constraints.
Collection Float
The time interval between when a payment is deposited and when funds become available in the company’s account, affecting cash flow.
Cheques
Written, dated and signed instruments that direct a bank to pay a specific sum of money to the bearer.
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