Examlex
Alluvium refers to stream deposits,mainly sand and gravel.
Long-run Average Demand
is the average demand forecasted over a longer period, helping in strategic planning and capacity decisions.
Order Fulfillment Department
A unit within a company responsible for processing customer orders, ensuring products are delivered to customers efficiently and satisfactorily.
Operating Divisions
Operating divisions are distinct parts of a company that focus on specific areas of operation or markets, often acting semi-independently within the larger organization.
Variable Costs
Costs that change in proportion to the level of output or activity in the production process.
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