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What Is Off-Price Retailing? Identify and Give an Example of the Three

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Essay

What is off-price retailing? Identify and give an example of the three types of off-price retailing.


Definitions:

Maximum Straightness Tolerance

The highest allowable deviation from a perfectly straight line that a component or feature can have.

MMC

Maximum Material Condition, a concept in dimensioning and tolerancing where a part contains the maximum amount of material within the specified limits.

Maximum Material Limit

A specification in tolerance designating the largest permissible size of a feature without violating the part's functional requirement.

Errors of Straightness

The variation from the desired straight line in the path or surface of a mechanical part.

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