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Describe the direct and indirect channels of distribution that are available to exporters. As part of the description process, indicate any conditions or advantages that might be present in these channels.
Output Effect
The impact that changes in production levels have on a company's total revenue, often influenced by market demand and price.
Fixed Proportions
A production scenario where inputs must be combined in strict, fixed ratios to produce an output, allowing no substitutions.
MRP
Stands for Material Requirements Planning, a system for calculating the materials and components needed to manufacture a product.
Wage Rate
The amount of money paid to workers for their services, usually expressed per hour or per unit of work done.
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