Examlex
According to a 2011 study,recent models for reform adopted by a number of states can be categorized into three groups according to the kinds of influences that have led to their development.Define and explain two of the three models.Choose the model that you believe works the best.
Pure Level Strategy
A production strategy where output levels are kept constant despite fluctuating demand, leading to inventory buildup or shortages.
Demand Requirements
The quantity of products or services that the market requires at any given time.
Transportation Model
A mathematical model used to plan and optimize the transportation of goods from several sources to several destinations, minimizing the cost of transportation.
Linear Programming
An optimization method for achieving the best outcome in a mathematical model whose requirements are represented by linear relationships.
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