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A major problem with using the analogy approach to problem solving is that
Demand Aggregation
Combining demand from different sources to gain efficiencies in supply chain management, such as bulk purchasing or centralized distribution.
Regions
Geographically defined areas characterized by certain distinguishing features, which can be natural, social, economic, or political.
Continuous Review Policies
Inventory management policies that involve the continuous monitoring of inventory levels and replenishing stock whenever it dips below a predetermined point.
Lot Size
Represents the quantity of a particular item that is processed, manufactured, or shipped at one time, affecting production planning and inventory control.
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