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Alex is 53 years old and has had weakness in his throat and chest for a few months. Now he is also starting to have general weakness in his arms and legs. The weakness in his legs has gotten so bad that yesterday he fell down when walking across his living room. Alex appears to be showing early signs of:
Collaborative Forecasting
A process where various stakeholders, including suppliers, retailers, and customers, work together to make more accurate predictions about future demand.
Mature Products
Products that have reached the end of their growth phase in the product life cycle, characterized by stable sales and minimal innovation.
Stable Demand
A market condition where the desire for a product or service remains consistent over a period of time, unaffected by short-term fluctuations.
Collaborative Forecasting
A process where multiple stakeholders, often from different levels of the supply chain, work together to predict future demand or trends.
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