Examlex
Bread, gasoline, and ____ are examples of convenience products.
Reduction
The process of decreasing or lessening something in size, amount, or degree.
Early Customization
A strategy where a product is partially completed and then finished according to specific customer requirements closer to the time of purchase.
Bullwhip Effect
A phenomenon in supply chains where variations in demand cause progressively larger variations in supply, leading to inefficiency and excess inventory.
Distributer
A company or individual responsible for the movement of goods from a manufacturer to the point of sale, usually adding value through storage, transportation, and marketing.
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