Examlex
Imbalances in net radiation between low and high latitudes results in:
Distance Reduction
Strategies or actions taken to decrease the physical distance between processes or elements, often to improve efficiency or reduce transportation costs.
In-Transit Inventory
Goods and materials that are on their way to the customer or destination but have not yet arrived.
Supplier Location
The physical geographical position of a supplier, which can significantly impact logistics, costs, and supply chain efficiency.
Setup Costs
Refers to the expenses incurred to get equipment ready to process a different batch of goods.
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