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Allocated Stock and Safety Stock
Allocated stock
A category of stock which ensures that current stock is set aside and not issued under the normal procedure.
Safety stock
A category of stock which ensures that the supply of an item is always greater than demand. Safety stock is held if supply is uncertain, possibly in anticipation of a sudden increase in demand or in order to reduce supply time of a long LT item.
what is wage?
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types of market competitions
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Plot the demand schedule and draw the demand curve for the data given for Marijuana in the case above?
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