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What actions might the organization take when they have a surplus of workers?
Transportation Rate
The cost associated with moving goods or individuals from one location to another, often determined by distance, mode of transport, and cargo size.
Grid Technique
A strategic planning tool used to evaluate and map a company's position based on two dimensions, such as market growth vs. market share.
Facility Location
The process of determining the best geographical location for a company's operations, considering factors like cost, accessibility, and proximity to market.
Logistics Channel Function
The activities involved in moving products from the producer to the consumer, including transportation, warehousing, and inventory management.
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