Examlex
Describe range of reaction and canalization, including how each of these concepts helps us to understand how heredity and the environment interact.
CRP Systems
Capacity Requirement Planning (CRP) Systems are used in manufacturing to plan the production capacity needed to meet customer demands.
Bullwhip Effect
The phenomenon where variations in demand cause increasingly larger fluctuations in the supply chain, often leading to inefficiency and excess inventory.
Vendor Managed Inventory
A supply chain agreement where the supplier assumes the responsibility of managing inventories and stock replenishment for the customer.
Continuous Replenishment Systems
A logistical strategy whereby inventory is continuously monitored and replenished to maintain optimal levels at all times.
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