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Jack is completing Mike's annual performance evaluation.Mike always is in the office first and has the coffee ready for Jack when he comes in.Jack smiles thinking what a great employee Mike is for going to the extra effort and getting in early.With little thought,Jack ranks Mike high on all performance categories.Jack's rankings may have been impacted by the _______ effect.
Dependent Demand
Demand for components or raw materials that is directly tied to the production schedules of finished goods.
Bill Of Material
An exhaustive catalog of the basic materials, elements, and guidelines for assembling, producing, or mending a product or service.
External Customer
A person or organization that receives a product or service from a business but is not part of the organization providing it.
Wagner-Whitin Algorithm
A dynamic programming approach to solve the economic lot sizing problem in inventory management, aiming to minimize costs.
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