In the ______________ , the buyer makes very clear and specific requirements, sets dates, contract details, warranty and maintenance details.

Answers

Answer 1

In the Order Specification Stage., the buyer makes very clear and specific requirements, sets dates, contract details, warranty and maintenance details.

Order Specification Stage

Order Specification refers to a specification that includes information on the Platform and User allocation, charges, Agreement Cancellation Notice, payment terms, Named Users, Platform Hosting Location, any addenda, and schedules, including those chosen by the Customer.Which five steps make up the corporate purchasing process?The business buying decision-making process consists of five steps: awareness, specification, requests for proposals, evaluation, and ordering.

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Related Questions

The federal legislation that replaces nclb, and articulates broad national goals and serves to guide much of federal educational funding is?

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The federal legislation that replaces NCLB articulates broad national goals, and serves to guide much of federal educational funding is ESSA

What is ESSA?

President Lyndon B. Johnson signed the Elementary and Secondary Education Act into law in 1965. (ESEA). Johnson's War on Poverty was renewed in December 2015 as part of the Every Student Succeeds Act, which enjoyed significant bipartisan support (ESSA). Equal access to education and closing opportunity gaps are two issues that ESSA prioritizes above all others since they begin before children enter the K–12 system.

The nation's comprehensive K–12 education laws, which recognize the value of early childhood education (ECE) in ensuring kids are ready for kindergarten and do not fall behind later in life, for the first time incorporate early learning across the law.

This includes the Preschool Development Grant Birth through Five program (PDG B-5)—the first-ever funding source specifically designated for early childhood education—which offers states competitive grants to enhance ECE coordination, quality, and access.

Even though the No Child Left Behind Act of 2001, the predecessor to ESSA, permitted investments in early learning, ESSA significantly increases the importance of early learning in the law by encouraging service coordination among communities, encouraging greater alignment with the early elementary grades, and increasing ECE knowledge and capacity among teachers, leaders, and other staff members who work with young children.

Thus, ESSA is doing a great job and this has increased the literacy rate too.

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Prepaid expenses should be ______ by the cost of the asset used during the accounting period.

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Prepaid expenses should be decreased by the cost of the asset used during the accounting period. Prepaid expenses are those that have been paid for in advance but have not yet been recognized as an expense by a business. In other words, prepaid expenses are outlays that are made during one accounting period but won't be recorded until a subsequent one.

Because they will have future economic benefits, prepaid expenses are originally recorded as assets and are expensed when those benefits are realized (the matching principle). Financial statements of a corporation are unaffected by the initial journal entry for a prepaid expense. Consider the first illustration of prepaid rent. Prepaid rent and cash are both debited in the initial journal entry for prepaid rent.

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A licensee who assists one or more parties through a transaction without being an agent for any party to the transaction is a(n):______.

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A licensee who assists one or more parties through a transaction without being an agent for any party to the transaction is a Statutory broker.

What is a Statutory broker?

A statutory broker refers to a broker or a salesperson that is able to assist the parties in a transaction even though they are not an agent for either of the parties in the transaction.

Statutory brokers have regulations that they must follow however and in certain states, they need to be residents of a state.

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someone help me with this​

Answers

which class this question

If people willingly give up something (such as money) for a good, then the good is:_________

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A good is scarce if consumers are ready to forego something else (like money) in exchange for it.

A scare good is what?

A scarce good is one where selecting one option requires eschewing another. Consider a piece of land. We can utilize the parcel for a variety of other things as well. We could build a house there. We could erect a gas station there. It might be transformed into a tiny park. We may leave the property undeveloped so that we can choose later how it should be used.

However, not all products give us these choices. Free commodities are those that allow us to select one usage without forgoing another. One of the best examples of a free good is gravity.

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Because it can impact the success of the firm's marketing strategy, marketing professionals continually scan and analyze a firm's external environment in order to detect and respond to _______.

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Marketing professionals constantly scan and analyze a firm's external environment to identify threats and opportunities the firm faces and to respond to them. This is important because it can affect the effectiveness of the firm's marketing strategy.

A marketing strategy is a company's overarching plan for connecting with potential customers and persuading them to purchase its products or services. A marketing plan should incorporate the company's value proposition, core brand messages, information on the demographics of the target market, and other crucial elements. An extensive discussion of the four Ps of marketing—product, pricing, place, and promotion is found in a marketing strategy. A well-defined marketing strategy should center on the firm's value proposition, which tells customers what the company stands for, how it operates, and why it deserves their business.

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If net income is $90 million and total assets are $480 million, then the roa is __________.

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If net income is $90 million and total assets are $480 million, then the roa is 0.1875 or 18.75%

What ROA means?

A profitability ratio called return on assets shows how much profit a corporation may make from its assets. To put it another way, return on assets (ROA) gauges how effectively a company's management generates revenue from the assets or financial resources that appear on its balance sheet.

What is considered a good ROA?

Typically, a ROA of 5% or above is seen as good; a ROA of 20% or higher is regarded as great. In general, a corporation is more effective at making profits if its ROA is higher. However, the ROA of any one company must be viewed in the context of its rivals in the same sector and industry.

ROA = Net income / Total assets

ROA = $90 million / $480 million

ROA = 0.1875 or 18.75%

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A. financing for public corporations must flow through financial markets true or false

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This is a True and Firm Statement.

Financing for public corporations must flow through financial markets

To support existing corporate operations or to finance future expansion, corporations may rely on sources of investment such as borrowed money (debt capital or credit). Debt can take many different forms, including bank loans, notes payable, and publicly traded bonds.

Public enterprises must access financial markets for financing. Private firms must use financial intermediaries to receive funding. The FOREX exchange floors in New York and London are where almost all foreign currency trading takes place.What is a financial market, for instance?Any market where securities are bought and sold is referred to as a financial market. The stock market, bond market, and commodities market are a few examples of financial markets.

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Which term generally refers to the standard of care a business is expected to exercise in preparation for a business transaction?

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Due diligence generally refers to the standard of care a business is expected to exercise in preparation for a business transaction. Option D

This is further explained below.

What is Due diligence?

Generally, Before entering into an agreement or contract with another party or doing an act that requires a particular level of care, a reasonable company or individual is typically required to conduct an inquiry or exert a specific level of care. This is known as "due diligence."

In conclusion, In the context of business, "due diligence" often refers to the level of care that an organization is supposed to conduct in advance of engaging in a commercial transaction. The D Option

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complete  question

Which term generally refers to the standard of care a business is expected to exercise in preparation for a business transaction?

A. Due care

B. Incident response

C. Acceptable use

D. Due diligence

Because of both global and changing labor and trade markets, organizations are now much more aware of the importance of ______________.

Answers

Nations that engage in commerce can expand their markets and get access to goods and services that might not otherwise be available locally. Because of greater trade, there is more rivalry in the market. As a result, prices become more aggressively competitive, lowering the end product's cost for the consumer.

International trade is the term for the transfer of goods and services between countries.

Having access to goods and services that are either unavailable or more expensive domestically is made possible by global trade for both individuals and nations.

One of the first to recognize the importance of international trade was political economists like Adam Smith and David Ricardo.

But some claim that trade with other nations can actually hurt smaller nations, putting them at a competitive disadvantage on the international stage.

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The less we know about a market or subject, the more likely it is that a researcher should use? a. causal research. b. descriptive research. c. exploratory research. d. formal research.

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Exploratory research should be used when a researcher has little knowledge about a subject or market. The correct option is c i.e. Exploratory Research.

To gain deep insight about a market or subject, exploratory research is a very first step of a research. Exploratory research allows researchers to investigate a market or subject that is not yet clearly defined and understood. That is why exploratory research is the best suited as the very first step of a whole research plan. As it provides the researcher with a deeper understanding of the market or subject.

Exploratory research answers questions like “what”, “how”, “where”. Exploratory research is used to define issues, alternative methods of action, possible areas for growth, and prioritize areas that need statistical research.

Other options are not correct because:

Casual research: It measures a cause-effect relationship between two or more variables and is used to determine the impact of changes in existing processes of organizations. Descriptive research:  It helps firms to direct decisions and monitor progress. It  consists of close-ended questions and quantitative by nature. Formal research: It allows companies to use scientific methods and processes to perform research to get unbiased results.

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Swiss franc jan 94 calls on the phlx are quoted at 2. the contract size is 10,000 swiss francs. what is the total premium for 1 contract?

Answers

The total premium for 1 contract is $200.

Given,

Swiss franc Jan = 94 calls

PHLX are quoted at 2

Contract size = 10,000 swiss francs

Total premium for 1 contract = ?

The world currency options are standardized, using a multiplier of 100 applied to the premium.

A premium of 2 × multiplier of 100 = $200 total premium per contract.

Since 1 contract is purchased, 200 × 1 contract = $200 total premium.

Thus, is can be also calculated as, contract size = 10,000 units of currency x a premium of 1/2 cent ($2) = $200 per contract x 1 contract = $200.

Hence, the total premium for 1 contract is $200.

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The loss of which normal property results in the immune system producing antibodies against its own cells?

Answers

The loss of Autoimmunity normal property results in the immune system producing antibodies against its own cells

.This is further explained below.

What are antibodies?

Generally, a protein found in the blood is created as a reaction to a particular antigen and acts to neutralize it.

Antibodies form a chemical bond with organisms that the body identifies as foreign, such as bacteria, viruses, and other things that are present in the blood that is not naturally occurring.

In conclusion, When the normally occurring trait of autoimmunity is lost, the immune system begins to produce antibodies that target the body's own cells.

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Manufacturing costs include all of the following categories except ________. multiple choice
A. administrative costs
B. direct labor
C. direct materials
D. manufacturing overhead

Answers

Answer: administrative cost

Explanation:

For a market system to maximize its potential, it must develop methods for ______.

Answers

A market system must develop techniques for determining and managing risk if it is to reach its full potential.

A market system is what?

A market system is a group of buyers, sellers, and other participants who get together to conduct business in a certain good or service.

A market system's participants include:

Direct market participants who fuel economic activity in the market include producers, buyers, and consumers suppliers of auxiliary products and services, such as financial institutions, manufacturers, and consulting firms regulatory agencies, infrastructure providers, and business associations are examples of entities that have an impact on the business climate.

A market system might be unique to a product (such as coffee, mangoes, or dairy) or to a broad industry (finance, labor, business development services). System of the poultry market:

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When a borrower defaults, a mortgage lender acquires full legal title to the property using?

Answers

A mortgage lender uses rigorous foreclosure to get full legal ownership to a property when a borrower defaults.

It might be complex and a little daunting to look for a loan. You can have analysis paralysis with so many businesses and lending options available. You can reduce the number of potential lenders by knowing how they differ from one another. Obviously, the sort of loan you get matters, but picking the appropriate lender could also help you avoid spending money, time, and irritation. That is why it is so important to look around. Also, the field is congested. There are a variety of lenders, including wholesale lenders, correspondent lenders, mortgage brokers, retail lenders, and direct lenders, some of which may overlap.

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The greater your discount weight, the more your current decisions are driven by the future consequences of those decisions. do you agree? explain.

Answers

Yes, a larger discount rate results in a larger weight on the utils you receive from future events.​ Thus, you will consider future consequences more when making decisions.

A discount made from every day or listing rate providing clients a ten percentage cut fee buy tickets at a reduction. (2) : a proportionate deduction from a debt account typically made for cash or spark off charge.

Reductions are reductions of the normal rate of a product or service so you can achieve or boom income. These discounts—moreover generally called "profits" or markdowns—are applied in a wide form of industries via each stores and producers.

A discount is an amount that is subtracted from the normal price of an item.

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A producer is a licensed individual who represents himself or herself and may act on behalf of:_________

Answers

The answer is : - An insured

A producer is a qualified individual who can act on behalf of an insured and who represents only themselves.

What Does Registration Mean?

The Securities and Exchange Commission (SEC) must receive certain paperwork from a corporation outlining the specifics of a planned public offering. This procedure is known as registration. Prospectus and private filings make up the two main components of registration. While the private filing is information sent to the SEC for review, the prospectus is a document provided to each investor who acquires the asset.

An initial public offering (IPO) procedure takes months of preparation and a ton of paperwork, and it is a lengthy and complicated process. A company issuing shares that registers for an IPO must divulge crucial information and specifics about its operations.

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Suppose two countries produce the same two goods and have identical production possibilities frontiers. you would expect these countries:_____

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Suppose two countries produce the same two goods and have identical production possibilities frontiers. you would expect these countries: not to trade because identical production possibilities frontiers would indicate that the two countries face the same opportunity costs, so there are no gains from trade.

What is the production possibility frontier?

This is the graph that is used to show the possible combination and the quantities of goods that they can produce when they combine two resources together.

Hence we can say that Suppose two countries produce the same two goods and have identical production possibilities frontiers. you would expect these countries: not to trade.

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Place the stages of evolution of operations management in chronological order, with the oldest one listed first.

Answers

Place the stages of evolution of Operations Management in chronological order, with the oldest one listed first Human Relations Movement is the correct answer.

Operations managers must make their first decisions while planning. Managers make decisions about the where, when, and how of production at this point. They choose the locations of the sites and gather the required materials.

Job planning, scheduling, material management, capacity management, facilities management, and quality management are some of the main operations management tasks.

Operations and Supply Chain Management (OSCM) is a vast field that includes tasks including sourcing, materials management, operations planning, distribution, logistics, retail, demand forecasting, order fulfilment, and more. It covers both manufacturing and service industries.

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The linking of the organization to its individual customers, employees, suppliers, and other partners for their mutual long-term benefit is referred to as:__________

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The linking of the organization to its individual customers, employees, suppliers, and other partners for their mutual long-term benefit is referred to as refers to Relationship Marketing

What is Relationship Marketing?

To build enduring ties with clients, use relationship marketing. Relationship marketing seeks to build consumer loyalty by offering superior goods and services rather than attempting to promote a one-time purchase. Contrary to most common advertising methods, which emphasize a single transaction watch ad A and purchase product B—this one focuses on many transactions. Contrarily, relationship marketing is frequently unaffiliated with any particular product or promotion. To optimize the value of that relationship for the client, a business must improve its conduct.

Improving internal processes is a key component of relationship marketing. Many clients leave a business because they are dissatisfied with the customer service, not because they didn't like the product. Even in the midst of product issues, customers will be happy if a business streamlines its internal procedures to meet all of its service needs.

Thus, the linking of the organization to its individual customers, employees, suppliers, and other partners for their mutual long-term benefit is referred to as Relationship Marketing.

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Question 1(Multiple Choice Worth 5 points)
(01.04 MC)
The internal auditor is an important member of the accounting department who is responsible for
creating budgets for hiring new employees
obtaining sources of financing
O ensuring accounting information is accurate
reducing the amount of taxes owed. WILL GIVE BRAINLIEST

Answers

Answer: The internal auditor is an important member of the accounting department who is responsible for creating budgets for hiring new employees

Explanation: They investigate financial and professional records to ensure companies and their employees comply with laws and regulations, monitor risks, and evaluate internal controls

pls mark me brainliest ans

Explanation:

An internal auditor (IA) is a trained professional employed by companies to provide independent and objective evaluations of financial and operational business activities, including corporate governance. They are tasked with ensuring that companies comply with laws and regulations, follow proper procedures, and function as efficiently as possible.

Suppose your data contains n = 120 observations. according to the rule-of-thumb for choosing the number of bins, you should use?

Answers

Say you have 120 observations in your data. Use the general rule-of-thumb for selecting the number of bins: Aside from that

What is the primary guiding principle?

A rule of thumb is a heuristic recommendation that offers condensed guidance or a fundamental set of rules for a certain topic or course of action. It is a general idea that offers helpful guidelines for completing or tackling a particular task.

For instance, he mostly works by rule of thumb when working with the young group. This phrase makes reference to using one's thumb to make quick measurements.

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Page four of the closing disclosure lists specific disclosures about the loan, such as the penalty for late payments, whether a demand feature applies, whether the loan can be assumed, and ______.

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Page four of the closing disclosure lists specific disclosures about the loan, whether a demand feature applies, such as the penalty for late payments, whether the loan can be assumed, and the use of an escrow account.

A closing disclosure is a five-page form which provides final details about the mortgage loan which you have selected. Thus, it includes the loan terms, how much you will pay in fees, your projected monthly payments, and other costs to get your mortgage.

Suppose when you close on a mortgage, your lender may set up a mortgage escrow account. Here a part of your monthly loan payment is deposited in order to cover some of the costs which is usually associated with home ownership.

Hence, with a mortgage escrow account, you make monthly payments to your lender.

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If the price elasticity of demand for a good is 4. 0, then a 10 percent increase in price results in a.

Answers

If the price elasticity of demand for a good is -0.40, then a 10 percent increase in price would result in: a. a 4.0 percent decrease in the quantity demanded.

What is price elasticity?

Price elasticity of demand is the term used to describe the relationship between the percentage change in a product's quantity sought and the percentage change in price. It aids economists in understanding how supply and demand vary in response to price changes in a given good. Many people are willing to pay more for Apple products because of how well-known the Apple brand is. Even if the price goes higher, many consumers will continue to buy Apple iPhones. If it were a lesser-known brand, like Dell laptops, you would assume demand to be price elastic. To calculate price elasticity, divide the change in supply (or demand) for a good, service, resource, or commodity by the change in price.

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Sally earns 330,000 annually, and claims 3. How much in FICA taxes does she owe?

Answers

According to the current rules, FICA taxes are divided into two categories:

Medicare and Social Security taxes.

Sally's employer will deduct both taxes from her pay.

How much should Sally Pay?

Because she earns above $200,000 she will pay Social Security at the rate of:

0.9% x 330,000

= $2,970; and

and Medicare at the rate of 1.45% that is:

1.45% x 330,000

= $4,785.

Given that FICA = Social Security + Medicare:

Sally, therefore, owes:

$2,970+$4,785

= $ 7,755

What is FICA?

The "Federal Insurance Contributions Act" (FICA) is a government payroll payment levied on both employees and employers in the United States to finance Social Security and Medicare—federal programs that give benefits to retirees, persons with disabilities, and children of dead workers.

Is the FICA tax paid by everyone?

FICA taxes are paid by almost everyone, including resident aliens and many nonresident aliens. It makes no difference whether you work part-time or full-time. There are, however, certain exceptions. College students, for example, are exempt from paying FICA taxes on earnings earned from on-campus jobs.

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3) mario's home systems has sales of $2840, costs of goods sold of $2180, inventory of $508, and accounts receivable of $432. how many days, on average, does it take mario's to sell its inventory?

Answers

84.84 days take Mario's to sell its inventory.

What is meant by Inventory?

All the goods, merchandise, and supplies that a company keeps on hand in anticipation of selling them for a profit are referred to as inventory.

The products and materials that a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. The main focus of inventory management is determining the location and shape of stocked commodities.

Data given in the question:

Sales = $2,880

costs of goods sold = $2,220

Inventory = $51

Accounts receivable = $436

Now,

Time taken to sell inventory = 365 ÷ ( Inventory Turnover Ratio )

also,

Inventory Turnover Ratio = [ Cost of goods sold ] ÷ [ Average inventory ]

= $2,220 ÷ $516

= 4.3023

Therefore,

Time taken to sell inventory = 365 ÷ 4.3023

= 84.84 days

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What are the effects on the accounting equation from an adjusting entry for revenues earned, but not yet collected, during the accounting period?

Answers

According to the Situation, Following Effect will Occur.

Total assets will decrease and total Stockholders' equity will decrease.

Total assets

Total assets refers to all of a small business's assets, or valuable possessions. Cash, accounts receivable (money owed to you), inventory, equipment, tools, etc. are all included in total assets.

Stockholders' equity

Equity held by shareholders refers to the sum that a company's founders have contributed to the enterprise. This covers the funds they have personally invested as well as the total amount of profits the business has generated and reinvested since its establishment.

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At wal-mart, the top 200 cds account for more than 90 percent of the music sold. group of answer choices
a. true
b. false

Answers

At Walmart, the top 200 CDs account for more than 90 percent of the music sold: (A) TRUE

What do we mean by Walmart?According to the Fortune Global 500 list in May 2022, Walmart is the world's largest company by revenue, with approximately US$570 billion in annual revenue. It is also the world's largest private employer, with 2.2 million employees. The Walton family controls the company, so it is a publicly traded family-owned business. In 1972, Walmart was listed on the New York Stock Exchange. By 1988, it had become the most profitable retailer in the United States, and by October 1989, it had become the biggest in terms of revenue. It is headquartered in Bentonville, Arkansas, and operates a chain of hypermarkets (also known as supercenters), discount department stores, and grocery stores throughout the United States. The top 200 CDs account for more than 90% of music sold at Walmart.

Therefore, the statement" at Walmart, the top 200 CDs account for more than 90 percent of the music sold" is (A) TRUE.

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Shifting customer design decisions as far down the supply chain as possible is typically called?

Answers

Shifting customer design conclusions as far down the supply chain as potential is typically called C) Postponement.

What are aggregate planning and master production scheduling?

Aggregate planning creates master production programs for finished products. The objective of MRP is to decode those schedules into purchasing and production orders for the entire facility. The material necessities planning system also implies the material and capacity needs for each work center.

Actively designing products to redirect customer influence on the final design as close as feasible to the furthest point in the supply chain.

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