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The Distribution Inventory Management System Which Forecasts When the Various

question 14

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The distribution inventory management system which forecasts when the various demands will be made by the system on central supply is called:


Definitions:

Fine

A monetary penalty imposed by an authority as punishment for a breach of law or rule.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded.

Negatively Sloped

Describing a line or curve on a graph that moves downward from left to right, indicating a negative relationship between two variables.

Output Sold

The total quantity of goods or services that have been sold within a specific period.

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