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Sourcing Decisions
Choices made by a company regarding the suppliers from which it procures goods, services, or raw materials, impacting costs, quality, and supply chain efficiency.
Optimal Quantity
The amount of a good or service that achieves the best balance between cost and efficiency in production and distribution.
Vertically Integrated
A business model in which a company controls multiple levels of its supply chain, from production to sales.
Order Quantity
the amount of inventory ordered at one time to replenish stocks, often determined by balancing ordering costs and holding costs.
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