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Flexible Production Capacity
The ability of a manufacturing process to adapt and respond to changes in demand by varying the amount of products produced without sacrificing efficiency or incurring significant costs.
Price
The amount of money required to purchase a product or service.
Risk Mitigation Strategies
Methods or plans implemented to reduce the likelihood or impact of potential threats to a business or project.
Flexibility
The ability of a supply chain to adjust its operations and adapt to changes, including demand variability, supply disruptions, and market conditions.
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