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Briefly outline trickle-down theory.
Capacity Allocation
Capacity allocation refers to the process of distributing available resources or capacity among various products, services, tasks, or activities.
Responsiveness
The ability of a company or system to rapidly respond to changes in demand or market conditions.
Demand Satisfaction
The degree to which the needs and desires of customers for a product or service are met by a company.
Over-Capacity
The condition of having more production or service capacity than currently needed, which can lead to inefficiencies, increased costs, and downward pressure on prices.
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