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Linear programming, waiting line, simulation, and PERT/CPM are all elements of which era of operations and supply chain management?
Utilities
Services such as water, electricity, gas, and sewer provided to consumers and businesses.
Primary Material
The main raw materials used in the production of goods or services, often a critical component in manufacturing processes.
Indirect Labor
Labor costs not directly tied to the production of goods or services, such as salary of supervisory staff.
Depreciation
The systematic allocation of the cost of a tangible asset over its useful life to reflect its decrease in value over time.
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