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Establishing Long-Term Mutually Beneficial Relationships with Suppliers Improves the Company

question 172

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Establishing long-term mutually beneficial relationships with suppliers improves the company ability to implement just-in-time (JIT) inventory systems, which let it manage inventories better and respond quickly to market demands.


Definitions:

Logic

The study of principles of reasoning, especially the structure of propositions as distinguished from their content and of method and validity in deductive reasoning.

Thermocouple

"A temperature-measuring device that utilizes two dissimilar metals for temperature measurement. As the junction of the two dissimilar metals is heated, a proportional voltage difference, which can be measured, is generated."

Source A

May refer to the original or primary input in data processing, programming, or electrical systems, distinguishing it from secondary sources.

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