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Introduces the concept of a manufacturing strategy based on a service orientation. Traditional manufacturing strategies … satisfy demand. In today′s business environment, a reliance on inventory is often not feasible. Suggests a reliance on …
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analysing how manufacturing response time affects the inventory needed at retailers to meet demand. The model accounts for …Retailers receiving items from a manufacturer carry inventory to meet customer demand. As items are sold, a retailer … orders new items to replenish the inventory. Once an order is placed, there is a time taken for the items to be delivered to …
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