Examlex
When Mary thinks about a "guitar," she is using a mental representation of specific knowledge about that object.Mary is thinking about a
Product Substitution
The practice of replacing one product with another, often due to stockouts, customer preferences, or cost considerations, to maintain service levels and customer satisfaction.
Different Product
A good or service that is distinct from others in its category, often possessing unique characteristics or features.
Demand
The quantity of a product or service that consumers are willing and able to purchase at a given price.
Safety Inventory
The extra inventory held to mitigate the risk of stockouts due to uncertainties in demand or supply.
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