Examlex
How do sociologists define the concept of ethnicity? Provide an example of an ethnic group that meets this definition.
Capacity Allocation
The process of distributing available resources or capacity among various operations, processes, or production orders to maximize efficiency and meet demand.
Intermediate Future
A period that lies between the near future and the distant future, often used in the context of forecasting or planning over a few years to a decade.
Perishable Inventory
Items or goods that have a limited lifespan or shelf life, requiring careful inventory management to minimize losses due to spoilage or obsolescence.
Yield Management
A pricing strategy that uses understanding of consumer behavior and market demand to maximize revenue, often used in the airline and hotel industries.
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