Examlex
Explain how an increase in the discount rate affects the economy.
Last Mile
The final stage of the delivery process where a product moves from a transportation hub or warehouse to its final delivery destination, often considered the most expensive and time-consuming part of the shipping process.
Transportation Management
The planning, execution, and control of the movement of goods in order to efficiently meet customer requirements and company objectives.
Place Utilities
The value added to products by having them available at a location where customers want to purchase them.
Time Utilities
The value added to products or services by making them available at the most beneficial time.
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