Examlex
Kaizen is the Japanese term for continuous improvement.
Minimum Cost
The least possible expense that can be incurred in the acquisition of a good, service, or the execution of a project or process.
Supply
The total amount of a product or service that is available for purchase at any given time.
Demand
The consumer's desire and willingness to pay for a product or service, influencing its market price and quantity.
Transportation Model
A type of optimization model used to determine the most efficient distribution of goods or services from several supply locations to several demand locations.
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