Examlex
The persistent unwanted surplus that results from a binding price floor causes inefficiencies that do NOT include:
Supply Chain Management
The management of the flow of goods and services, involving the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.
Trade-Off in Logistics
The balancing act between different logistical aspects, like cost versus speed, to achieve optimal outcomes.
Transportation
The movement of people or goods from one location to another through various modes like trucks, trains, ships, or airplanes.
Warehousing
The practice of storing goods within a designated facility to ensure their preservation and safety before distribution to customers or retailers.
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