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-An upward shift in short-run aggregate supply curve,from SRAS1 to SRAS2,shown in the diagram may be caused by an increase in the price of
Package Carrier
Companies or services that specialize in the delivery of packages, documents, and freight from one location to another.
Private Fleet
A fleet of transportation vehicles owned and operated by a company for its own logistics and distribution needs.
Safety Inventory
Extra inventory held as a buffer against demand variability and supply chain disruptions to prevent stockouts.
Cycle Inventory
The portion of inventory that companies hold to facilitate smooth production and sales operations, fluctuating based on production cycle needs.
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