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Expected Return Compute the expected return given these three economic states,their likelihoods,and the potential returns:
Large Lead Time
An extended period that passes from the initiation of a process to its completion, often seen in manufacturing and supply chain management.
Shipping Mode
The method or means by which goods are transported from one location to another, including options such as air, sea, road, or rail.
Distribution System
A network of facilities and delivery options that moves goods from producers to consumers.
Airfreight
Transport of goods by aircraft, a fast but generally more expensive method of shipping goods over long distances.
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