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Which of the Following Is Not One of the Components

question 13

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Which of the following is not one of the components of material ordering cycle time that supply chain management practices affect directly?


Definitions:

Economize

To reduce expenses or to use resources carefully and efficiently to reduce waste and save money.

Full Production

The level of production where a company uses all its resources efficiently.

Unemployment Rate

The part of the labor force that is without employment but is actively interested in finding a job.

Full Employment

An economic situation in which all available labor resources are being used in the most economically efficient way.

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