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Demonstrate graphically and explain verbally the concept of equilibrium in a supply and demand model.
Order Fulfillment Centre
A facility specialized in receiving, processing, and shipping customer orders, acting as the bridge between suppliers and customers in supply chains.
Poisson Distribution
A probability distribution that models the number of times an event occurs in a fixed interval of time or space.
Fast Food Restaurant
A type of restaurant that offers quick service, a limited menu, and food prepared in a pre-cooked or quick-cooking manner.
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