Examlex
In the figure above, what button is identified as item 2?
Postponement
A strategy that involves delaying production or shipment processes to closer match demand, enhancing flexibility and reducing inventory costs.
Profits Increase
The rise in net earnings resulting from operations and business activities.
Unpredictable Demand
Variability in customer demand patterns that cannot be accurately forecasted, posing challenges for inventory management and planning.
Not Positively Correlated
Refers to a statistical relationship between two variables where one variable does not necessarily increase as the other increases or decreases as the other decreases.
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