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In a Centralized System, Each Distribution Center First Determines What

question 16

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In a centralized system, each distribution center first determines what it needs and when, and then places orders in central supply.


Definitions:

Technological Improvements

Enhancements in technology which boost productivity, efficiency, or create new products and services.

Crop

Cultivated plants or agricultural produce, such as grain, vegetables, or fruit, considered as a group.

Risk Profile

An evaluation of an individual's or organization's willingness to take risks, as well as their financial capacity to bear risk.

Financial Risk

The potential for financial losses due to factors affecting an entire market or security, including market risk, credit risk, and liquidity risk.

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