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______ theories posed a challenge to classical theories, viewing the latter as simplistic and solely concerned with the individual.
Supply Chain Network
The system of organizations, people, technology, activities, information, and resources involved in moving a product or service from supplier to customer.
Safety Inventory
A stock of goods or materials kept as a buffer to mitigate the risk of stockouts due to uncertainties in supply or demand.
Demand Uncertainty
The degree of unpredictability or variability regarding customer demand for a product or service, often affecting inventory management and supply chain planning.
Performance Level
A measure of an individual, organization, or system's efficiency, effectiveness, and ability to meet its goals.
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