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Reducing the replenishment lead time can help dampen the bullwhip effect because
Royalties
Royalties are payments made to rights holders for the use of their intellectual property, such as patents, copyrighted material, or trademarks.
Decentralized
Refers to the dispersion or distribution of functions and powers away from a central location or authority.
Decision Rights
The authority granted to individuals or groups to make choices regarding the allocation of resources, execution of tasks, or direction of strategies.
Relevant Information
Data or facts that can influence the outcome of a decision and should be considered when making choices.
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