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What is a constructive dividend? Provide several examples of the term.
Total Logistics Cost
The combined expenses associated with planning, implementing, and controlling the efficient flow and storage of goods, services, and information from the point of origin to the point of consumption.
Stockouts
Occur when an item is not in stock and unavailable for sale at the moment, potentially causing lost sales and customer dissatisfaction.
New-Product Development
The process of designing, creating, and bringing a new product or service to the market.
Cross-Docking
A logistics procedure where products received at a warehouse or distribution center are not stored but instead directly transferred from one truck to another, minimizing storage time and costs.
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