Examlex
After installing a(n) _______ in its JIT system,Chocolate Tree (a retail chocolate store) was able to reduce lead time for merchandise orders.
Contractual Interest Rate
The agreed-upon rate of interest that is to be applied on the principal amount of loans, bonds, or other forms of debt as specified within a contract.
Market Interest Rate
The rate of interest prevailing in the market that lenders demand and borrowers pay for funds.
Contractual Interest Rate
The agreed-upon rate of interest that is to be applied to the principal amount in a financial contract.
Discount
A reduction in the price of goods or services, typically offered to encourage purchases.
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