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There Are Five Competitive Forces That Influence an Industry's Structure

question 78

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There are five competitive forces that influence an industry's structure.


Definitions:

Time-Phased Stock

Inventory planning and control approach that accounts for changes in demand and supply over different time periods, often used in material requirements planning (MRP).

Distribution Network

The interconnected group of storage facilities and transportation systems that move goods from manufacturers to consumers.

System Nervousness

Frequent changes in an MRP system.

MRP System

Material Requirements Planning (MRP) System is a production planning, scheduling, and inventory control system used to manage manufacturing processes.

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