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The goal of the perishable product model is to identify the order quantity that will minimize the shortage costs
World Population
The total number of living humans on Earth at a given time.
Projected Population
An estimate of future population size based on current data and trends.
Total Fertility
The average number of children that would be born to a woman over her lifetime if she were to experience the exact current age-specific fertility rates throughout her childbearing years.
Mexico
A country in North America known for its rich cultural heritage, diverse landscapes, and significant historical influence on the Spanish-speaking world.
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