Examlex
Location and layout are not critical for all types of businesses.
Shipping Cost
This term refers to the expense associated with the logistics of transporting goods from the seller to the buyer.
Just-In-Time Practices
Manufacturing and inventory strategy where materials and products are produced or acquired only as needed for use, reducing waste and inefficiencies.
Railroads
Transportation systems comprising tracks, trains, and supporting infrastructure that serve as a method for moving goods and people over long distances.
Postponement
The delay of any modifications or customization to a product as long as possible in the production process.
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