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  2. Capacity planning - Wikipedia

    en.wikipedia.org/wiki/Capacity_planning

    The broad classes of capacity planning are lead strategy, lag strategy, match strategy, and adjustment strategy. Lead strategy is adding capacity according to the increasing demand. Lead strategy is an aggressive strategy with the goal of luring customers away from the company's competitors by improving the service level and reducing lead time.

  3. Mean free path - Wikipedia

    en.wikipedia.org/wiki/Mean_free_path

    In physics, mean free path is the average distance over which a moving particle (such as an atom, a molecule, or a photon) travels before substantially changing its direction or energy (or, in a specific context, other properties), typically as a result of one or more successive collisions with other particles.

  4. Alexander Strategy Group - Wikipedia

    en.wikipedia.org/wiki/Alexander_Strategy_Group

    Alexander Strategy Group was an American lobbying firm involved in the K Street Project. The firm was founded by Ed Buckham, a former chief of staff to House Majority Leader Tom Delay, and his wife Wendy. The firm openly promoted its access to DeLay. Its chief lobbyist was Paul Behrends, who became Dana Rohrabacher's aide.

  5. Simpson's rules (ship stability) - Wikipedia

    en.wikipedia.org/wiki/Simpson's_rules_(ship...

    Simpson's rules are used to calculate the volume of lifeboats, [6] and by surveyors to calculate the volume of sludge in a ship's oil tanks. For instance, in the latter, Simpson's 3rd rule is used to find the volume between two co-ordinates. To calculate the entire area / volume, Simpson's first rule is used. [7]

  6. Pricing strategies - Wikipedia

    en.wikipedia.org/wiki/Pricing_strategies

    This strategy may contradict anti–trust law, attempting to establish within the market a monopoly by the imposing company. [20] Predatory pricing mainly occurs during price competitions in the market as it is easier to obfuscate the act. Using this strategy, in the short term consumers will benefit and be satisfied with lower cost products.

  7. Insurance - Wikipedia

    en.wikipedia.org/wiki/Insurance

    Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury.

  8. Markup (business) - Wikipedia

    en.wikipedia.org/wiki/Markup_(business)

    Markup (or price spread) is the difference between the selling price of a good or service and its cost.It is often expressed as a percentage over the cost. A markup is added into the total cost incurred by the producer of a good or service in order to cover the costs of doing business and create a profit.

  9. Safety stock - Wikipedia

    en.wikipedia.org/wiki/Safety_stock

    However, a common strategy is to try to reduce the level of safety stock to help keep inventory costs low once the product demand becomes more predictable. That can be extremely important for companies with a smaller financial cushion or those trying to run on lean manufacturing , which is aimed towards eliminating waste throughout the ...

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