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Merge-In-Transit Is a Model in Which Components for a Product

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Merge-in-transit is a model in which components for a product come from two or more different physical locations.For example,in shipping a desktop PC,the monitor may come from the East Coast of the United States and the CPU from the West Coast.


Definitions:

Percent

A mathematical term representing a part per hundred in everything from finance to statistics.

Economic Growth

An increase in the amount of goods and services produced per head of the population over a period of time, often measured as the percent rate of increase in real gross domestic product (GDP).

Nations

Large groups of people united by common descent, history, culture, or language, inhabiting a particular country or territory.

Century

A period of 100 years, commonly used as a unit of time to mark historical or chronological significance.

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