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Although Jeff has a high-paying job, he decided to take a lower-paying position so that he can spend more time with his kids, reflecting
Dependent Demand
Demand for components or materials directly tied to the production of another product, typically calculated rather than forecasted.
Quick Response
An inventory strategy that aims to reduce lead times and increase supply chain flexibility to meet customer demand more effectively.
Multiple Orders
The process of placing or receiving more than one order for products or services at the same time or within a similar timeframe.
Manufacturer
An entity or business that produces goods, usually on a large scale, involving machinery, tools, and labor.
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