Examlex
Bacteria and archaeans do not receive new genetic material from binary fission,but from mutations and gene transfers.
Inventory Management
The practice of overseeing and controlling the ordering, storage, and use of components that a company will use in the production of the items it will sell, as well as managing the quantities of finished products that are available for sale.
EOQ
Economic Order Quantity, a formula used to determine the optimal order size that minimizes total inventory costs.
JIT
Just-In-Time, a management strategy that aligns raw-material orders from suppliers directly with production schedules to improve efficiency and decrease waste.
Credit Policy Variable
An element that defines the guidelines under which credit is extended to customers, including terms of payment and interest rates.
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