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Given the same demand, setup/ordering costs, and carrying costs, the EPQ calculated using incremental replenishment will be ____________ if instantaneous replenishment was assumed.
Activated
The state of being active or operational; in a business context, it might refer to campaigns, programs, or initiatives that have been launched.
Self-actualization Needs
The highest level in Maslow's hierarchy of needs, referring to the realization or fulfillment of one's talents, potential, and abilities.
Intrinsic Rewards
Rewards that come from within an individual, such as satisfaction or enjoyment from performing a task.
Hierarchy of Needs Theory
A psychological theory proposed by Abraham Maslow that categorizes human needs into a five-level hierarchy, from physiological needs to self-actualization.
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