Examlex
There are two types of products: consumer and industrial.
Demand For Leather
The desire and willingness of consumers to purchase leather goods at various price levels.
MRP
Material Requirements Planning, a system for calculating materials and scheduling production to ensure that components are available for production and finished goods for delivery.
Wage Rate
The amount of compensation an employee receives in exchange for performing a specific job, typically expressed per hour or year.
Derived Demand For Labor
The demand for labor that is dependent on the demand for the goods and services labor produces.
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