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Often Synonymous with the Renaissance, the ____ Were Great Art

question 5

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Often synonymous with the Renaissance, the ____ were great art patrons.


Definitions:

Forecasting

The process of making predictions about future events, trends, or behaviors based on historical data and analysis.

Replenishment

Entails the process of replenishing inventory or stock to ensure a continuous supply of products to meet customer demand.

VMI System

Vendor-Managed Inventory System; a streamline approach where the supplier is responsible for maintaining the buyer's inventory levels, often based on shared data.

Continuous Replenishment Program

A supply chain initiative where products are continuously supplied to match customer demands without the need for frequent reordering.

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