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Demand - Free Essay Examples and Topic Ideas

Demand refers to the amount of a product or service that consumers are willing and able to purchase at a particular price and time. It is influenced by various factors such as the price, quality, availability, marketing, and consumer preferences. Higher prices typically reduce demand, while lower prices increase it. Understanding demand is crucial for businesses to determine pricing strategies and identify market opportunities.

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  1. 1
    Economics Coursework – Demand
    Words • 1692
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    Manufacturers and dealers want UK to follow Europe into scheme to give cash to drivers who scrap old cars to buy new The government was facing renewed pleas to bail out Britain's ailing motor industry yesterday as figures showed sales of new cars had dropped by almost a third year on year. Only 313,912 cars were registered in March - a 30.5% fall in sales from this time last year, figures from the Society of Motor Manufacturers and Traders (SMMT)…
    DemandEconomics
  2. 2
    BMW Operations Management
    Words • 2342
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    Paper Type:2500 Word Essay Examples
    1. Executive Summary This report will describe a named organisation in terms of a general introduction and background of that organisation. For the organisation described, there will be a detailed account and critique of quality management and capacity management issues within the business. This will then be backed up with relevant academic theory and models; in addition to this there will be a description of their relevance in the business environment, citing examples of their use. The report will then…
    BmwDemandEmploymentInventoryManagementManufacturing
  3. 3
    The Theory Of Demand And Supply
    Words • 458
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    Paper Type:450 Word Essay Examples
    The theory of demand and supply tends to explain the behavior of sellers as well as buyers as far as price and quantity of goods supplied and purchased is concerned. This model encompasses two scenarios i.e. the quantity supplied and the quantity demanded. It is in fact two theories in one i.e. the law of supply and the law of demand. According to the inventor of this theory, Adam Smith, the quantity supplied by the suppliers would be high if…
    DemandDemand And SupplyPrice
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  4. 4
    Philip Morris: Marlboro Friday (A)
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    Paper Type:1200 Word Essay Examples
    The decision by Philip Morris to roll out the pricing and promotional strategy was a timely and necessary step into saving their much celebrated brand: Marlboro.  The idea represents a necessary and effective strategy to save Marlboro brand. Philip Morris is a high profile company with a long list of successes and broad variety of brands to its name.  These brands ranges are in cigarettes, beer and grocery products categories.  Among all the brands by Philip Morris, Marlboro is the…
    BrandsBusiness ManagementBusiness SuccessCigarette SmokingDemandPrice
  5. 5
    Forecasting techniques in tourism demand
    Words • 2024
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    This summary is focused on showing the forecasting techniques used to determine the likely demand in tourism and argues that given the importance of the tourism sector to the economy of any tourist country, accurate forecasts of tourist arrivals are of importance for planning by both the private and public sectors. First we should answer the question what tourism is itself. It is obvious that tourism industry is not one company. It combines thousands of products and services. A company…
    DemandForecastingTourism
  6. 6
    Pepsi & Coke: Related to Game Theory
    Words • 1026
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    In May, 1886, Coca Cola was introduced by John Pemberton a pharmacist from Atlanta, Georgia. John Pemberton started brewing his coca cola formula in a three legged brass kettle in his backyard. Pharmacists Caleb Bradham in New Bern, North Carolina first made competitor Pepsi in the 1890’s. The brand was trademarked on June 16, 1903. These companies have brand identification and customer loyalties that have made them a historical landmark. Today Pepsi and Coke control around 90% of the soft…
    DemandGame TheoryMarketingOligopoly
  7. 7
    At Kearney Luxury Report
    Words • 2966
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    Readers are advised to conduct their own investigation and analysis of any information contained in this report, and not rely on the information contained in this report for any purpose. Neither Confederation of Indian Industry, nor A. T. Kearney make any representation regarding the accuracy or completeness of such information and expressly disclaim any or all liabilities based on such information or any omission thereof. No part of this report may be reproduced or distributed without the prior written consent…
    Concert ReviewDemandLuxury GoodsShopping
  8. 8
    The Significant Role of Theme Parks in Boosting Tourism Demand
    Words • 3520
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    Theme parks are star players in the tourism industry, and play a special and important role in generating tourism demand. Theme parks are the main motivators for tourism trips to many destinations and core elements of the tourism product. Competition in the theme park market is growing also in terms of an increasing number of parks, but also relative to other uses of leisure. But in different areas, the theme park market in seems to be reaching its saturation point…
    Amusement ParkArcheologyDemandParkTourismTransport
  9. 9
    Price Discrimination | Amusement Parks
    Words • 1254
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    Introduction Consider these Amusement park pricing scenarios: ?Six Flags Discovery kingdom sells its annual season pass for $59. 99. According to its website, “Buy your Season Pass for $59. 99, just $14 more than a one-day admission. ” ?Bush Gardens Dark Continent. sells its Fun Card for $95. 00. According to its website, “Pay for a Day, Get now through 2015 FREE. ”, Now why would they give away an unlimited entry annual pass for an extra 25% over the…
    Amusement ParkDemandPriceWater Park
  10. 10
    The Core Concepts and Principles of Marketing at the Burj Al Arab Hotel, Dubai
    Words • 2742
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    Hugh Taylor from Edwardian Hotels stated that ‘Marketing is not an elusive art, it is more a science of identifying customer needs and wants and presenting a package that answers these needs’ (1993, pp. 16). I am going to be investigating the core concepts and principles of this ‘science’ and how it applies to the Burj Al Arab Hotel in Dubai. The Burj Al Arab, also known to some as The Burj, is the landmark hotel of Dubai with a…
    DemandHotelLuxury GoodsMarket SegmentationMarketing
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  11. 11
    Cumberland Metals Case Study
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    SITUATION ANALYSIS Cumberland Metals Industries developed a new type of cushion pad for pile drivers made of curled metal. The 11.5 inch “Cumber-Coil” was tested by two different companies on two different projects and was found to far exceed the performance of the existing market-dominant product, the asbestos pad. The Cumber-Coil weighed half what the asbestos pad did and boasted a 33% faster driving time, 60% reduction in heat generated, and 400% less time wasted changing pads. The company that…
    Case StudyCommunicationDemandPrice
  12. 12
    Apple – Needs, Wants, Demands, Utility & Value
    Words • 1172
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    Needs are the recognition of any difference between a consumer’s actual state and some ideal or desired state. The actual state of the customer is someone without an iPhone, the desired state is someone with an iPhone. Apple, the creators of the iPhone, came to the conclusion that the need for mobility, flexibility and reliability are key to satisfying everyone involved in the marketing process. The customer has to be able to use the iPhone everywhere and always have a…
    Apple IncDemandTechnology
  13. 13
    Optimizing Supply Chain Strategies: Push vs. Pull
    Words • 705
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    Paper Type:350 Word Essay Examples
    Efficient supply chain management is a critical component of modern businesses striving for competitiveness and customer satisfaction. Central to this management is the strategic decision of whether to employ a push or pull strategy in the supply chain. This essay explores the concept of push and pull strategies, the factors that influence the selection of the appropriate strategy, and the implications of this choice on operational efficiency, response times, agility, and flexibility. Understanding Push and Pull Strategies Push and pull…
    DemandForecastingInventoryMarketing
  14. 14
    Analysis of Beer Game Management Strategy
    Words • 3443
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    Introduction: The beer game is a simulation first developed at the Massachusetts Institute of Technology’s Sloan School of Management in the 1960s. This game was made in other to experiment how real organisations functions, where the consequences of every decisions play out as clearly as possible in the game as they would in a real organisation (Senge, 1990). Narayanan Arunachalam (2006) described the game as a popular classroom exercise for business schools conceived at MIT with the primary purpose of…
    DemandInventoryManagementSupply Chain Management
  15. 15
    The Typical Elements of Marketing Plan
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    A marketing plan can be defined as a written document that summarizes what the marketer has learned about the marketplace and indicates how a firm expects to reach its marketing objectives. It contains tactical guidelines for the commercialization programs and financial allocations over the planning period (Kotler et al., 2012). This document can be considered one of the most important outputs from the marketing process as it provides direction and focus for a brand, product, or company (Kotler et al.,…
    DemandMarket SegmentationMarketing
  16. 16
    Pelican Instruments Inc
    Words • 1042
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    1. Prepare the Report that you feel Amy Shultz should present to Mr.Park. 2. Put yourself in the position of the following six managers: general manager(EM); marketing manager (EM); manufacturing manager (EM); general manager (EI); marketing manager (EI); manufacturing manager (EI). These six managers compete for a share in the company's bonus pool. For each of the six, how would you make a case for your obtaining a share of the bonus pool? Six managers, three from the EM division…
    BusinessDemandMarketing
  17. 17
    Trader Joe’s Confidentiality and Expansion Challenges
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    Issue #1 Trader Joe’s is confronted with a major problem: there are instances where details regarding their private label suppliers become known. Maintaining the secrecy of these suppliers is of utmost importance to Trader Joe’s as it guarantees the dependability of their products. Given that 80 percent of Trader Joe’s offerings are private label, the supplier's identity remains undisclosed since they are marketed under the Trader Joe’s brand. The revelation of information concerning their suppliers has the potential to damage…
    CompanyCompetitionDemandFoodSocial MediaWalmart
  18. 18
    Olympic rent-a-car company
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    SUMMARY Olympic is a US rent-a-car company facing some changes in the market it operates. A competitor company (Enterprise) is changing its loyalty program. Olympic managers have to evaluate the impact of those changes and to take actions in order to respond correctly to those changes without losing market share and if possible taking advantage of the situation. The aim of this study is to evaluate those changes and to propose a recommendation to respond to these market changes. MARKET…
    BusinessCompanyDemandPrice
  19. 19
    The Dynamics of a Free Market Economy
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    Introduction A free market economy represents an idealized form of a market economy where buyers and sellers engage in transactions based solely on mutual agreement, free from intervention such as taxes, subsidies, or government regulation in the provision of goods and services. In this economic model, decisions are decentralized, resting in the hands of individuals and firms, fostering a dynamic system influenced by the forces of supply and demand. Equilibrium in a Free Market Economy The equilibrium state in a…
    DemandEconomics
  20. 20
    Economic Order Quantity model (EOQ) and the Just-In-Time model (JIT)
    Words • 4439
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    INTRODUCTION It is very important that successful enterprises need efficient stock control management, especially in manufacturing companies and retail distribution. In business practice, we usually use many stock control models such as the Economic Order Quantity model (EOQ) and Just-In-Time model (JIT). The purpose of this report is to indicate the rationale of EOQ and JIT models and detailed to explain the effectiveness in practice of the two models. Moreover, I decided to take the McDonald company as an example,…
    DemandEconomicsInventoryTime
  21. 21
    The Evolution of Marketing Philosophies
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    Marketing strategies play a crucial role in shaping the approach of firms and businesses towards achieving their organizational goals. In the dynamic landscape of commerce, five distinct concepts guide these entities in their marketing endeavors. The Production Concept: Meeting Demand Through Availability and Affordability The production concept is rooted in the belief that consumers prefer products that are readily available and reasonably priced. Firms adopting this philosophy focus on mass production, leveraging technology to enhance efficiency and reduce production costs.…
    CustomerDemandMarketing
  22. 22
    Business Simulation Game
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    The aim of the Competitors and Strategy course is to provide trainees with deep understanding on strategic decision-making in a service environment and the strategic principles behind it. Within this course my employee Kristijan, Yaniv, George and me (Group KUGY) had the opportunity to apply our scholastic and theoretical understanding and understanding in an online company simulation video game, wherein we produced our own automobile company and contended on the European cars and truck market fictionally. This paper aims to…
    BusinessDemandMarketingPrice
  23. 23
    Baria Planning Solutions
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    The company Baria Planning Solutions is a specialty provider of spend analysis and management services to its customers. BPS was an early entrant into the market but rapid market growth in the past few years has attracted larger software companies to the market. In order to remain competitive against larger companies BPS has expanded beyond the energy sector to acquire other industry-niche providers. Once additional industry sector firms were acquired BPS was tasked with integrating parts of their operations across…
    BusinessDemandEconomyTime
  24. 24
    Economic concepts of supply, demand, and market equilibrium
    Words • 511
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    When delving into the realm of economics, it is essential to understand the fundamental concepts of supply, demand, and market equilibrium. The textbook "Economics" by McConnell, Brue, and Flynn provides a comprehensive overview of these concepts, but it is crucial to relate them to real-world scenarios to grasp their practical implications. In this essay, we will explore how market equilibrating processes manifest in everyday life, particularly in the context of job transitions and the housing market. Market equilibrating can be…
    BusinessDemandEconomics
  25. 25
    Demand and Law of Demand
    Words • 383
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    Demand is the willingness and ability of buyer to purchase different quantities of a good at different prices during a specific period of time. By definition, the law of demand refers to: As the price of a good rises, quantity demanded of that good falls; as the price of a good falls, quantity demanded of that good rises, ceteris paribus. The Law of Demand states that people will buy more of a product at a lower price than at a…
    DemandEconomicsLaw
  26. 26
    Decoding Starbucks’ Pricing Strategy for Profit Maximization
    Words • 1836
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    Recently, Starbucks made waves by implementing a subtle yet noteworthy shift in its pricing strategy, increasing beverage prices by an average of 1% across the United States. This move, the company's first significant price increase in 18 months, has left many consumers pondering the reasons behind it, especially considering the robust 25% rise in the third quarter net income to $417.8 million from $333.1 million a year earlier. This essay aims to unravel the intricacies of Starbucks' pricing strategy, delving…
    DemandPriceStarbucks
  27. 27
    Faber-Castell Company Assignment
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    Introduction-Faber-Castell Company Faber-Castell was founded in 1761 as a pencil factory which is owned and managed by the eighth-generation family member Count Anton Wolfgang von Faber-Castell. It is the world's oldest manufacturer of writing instruments, makes nearly 2 billion pencils a year. Faber-Castell Malaysia was established in 1978. It started to produce natural rubber and PVC-FREE erasers back in 1980. It has become one of the largest eraser manufacturers in the world producing over 500 million pieces of erasers a…
    CompanyCompetitionDemandMonopolyPencil
  28. 28
    Elastic and Inelastic Demand
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    I would say that when I think of a company that has inelastic demand on their products it would have to be Apple. Apple charges above average prices for their phones, computers and music players all with the marketing strategy of superior quality. When a company achieves inelastic demand it is because of two possible reasons. They have either developed highly differentiated products or brands or they have achieved a monopoly on a market or product category. (Tedesco, 2011) If…
    DemandMonopolySuper Bowl
  29. 29
    Hospitality industry
    Words • 5124
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    "Oxford Dictionary defines hospitality as "receiving and hosting customers, visitors and strangers with cordiality and good reputation." Receptors hospitality services perceive this service sector accompanied by food and friendly service good drink and familiar atmosphere. On the other hand, those who provide these services sometimes have the impression that, despite their efforts, customers can sometimes be picky and ungrateful. Regardless of the position they occupy, it is clear that the scope of activities influence people life, growing up over time.…
    DemandDisneylandEmploymentFranchisingGlobalizationHospitality
  30. 30
    Overall Objectives of Holly Farm Operations
    Words • 2243
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    Executive Summary This case study proposes overall objectives of Holly Farm operations, and analyzes how to achieve those objectives in details. Symptoms and natures of operational problems are identified, in order to suit the remedy to the case. Solutions of two end-of-case questions are addressed, and the thought process is demonstrated thoroughly. Five options aiming at improving the operation are also provided at the end of the case study. Overall Objectives of the Operation: Since Holly Farm was founded by…
    BusinessDemandFarmHuman Resource ManagementInventoryManagement
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  31. 31
    “Integrity: The Courage to Meet the Demands of Reality” by Henry Cloud
    Words • 1733
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    The book titled “Integrity: The Courage to Meet the Demands of Reality” by Dr. Henry Cloud, shed a whole new light on the subject of integrity for me. My original understanding of integrity was to do the right thing even when no one is watching, but this book challenged my definition and the applications to my own personal life and work experience. By understanding integrity as the courage to meet the demands of reality, I will be able to focus…
    CourageDemandIntegrityPsychologyTeamTruth
  32. 32
    Market Strategy of Zagu Company
    Words • 1494
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    The product What a better way to beat the heat than a cold shake….. Not just any other shake but Zagu Pearl Shake……… Name of the productZagu Pearl Shake is a food stall business that offers cool flavored drink. Properties of the productThe Zagu franchise is committed to providing the perfect customized combination of support and marketing to meet the needs of its franchise family. Authorized dealership features the opportunity to carry the established Zagu trade mark and logo. By…
    CommunicationCompanyDemandMarketing
  33. 33
    Iphone 5C price decision
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    The fist factor that important in the pricing decision of iPhone 5C is by considering costs. For instance, since Apple Inc. wants to maximize its profits through establishing new products, the price should be set at the point where marginal revenue equals to marginal cost. We know that iPhone 5C is in the perfectly competitive market, the company can reach its maximum profit at equilibrium at X* and P*. To determine the price, Apple Inc. needs to do the marginal…
    DemandPhone
  34. 34
    SWOT Analysis of Apple Inc.
    Words • 1980
    Pages • 8

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    History of Apple Inc . Since its creation in 1976, the Cupertino headquartered international has actually recorded huge growth beyond the manufacture of computers. It has actually ended up being a leading gamer in developing and marketing customer electronic devices, computer system software application and distribution of digital media material. Although experiencing a period of wobbling sales of its desktop computer line and ousting of Steve Jobs in 1985, the acquisition of Next in 1996 marked a turn-around for the…
    AdvertisingApple IncCompetitionDemandInnovationNokia
  35. 35
    How market structures determine the pricing and output decisions of businesses?
    Words • 1327
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    3.1 Explain how market structures determine the pricing and output decisions of businesses There are different kinds of markets in different economies/sectors/goods. Accordingly, there are different kinds of output and pricing decisions which take place. Usually, output and pricing decisions are interdependent except for the case of perfectly competitive markets. In perfectly competitive markets, a single firm is so small compared to the market that it cannot affect the prices. In that case, it must take the price as given,…
    BusinessDecisionsDemandMonopolyOligopolyPerfect Competition
  36. 36
    An Exploration of the Main Types of Economic Systems
    Words • 582
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    Economic systems serve as the underlying structures within societies, shaping decisions related to what to produce, how to produce goods and services, where to produce, and how to allocate and distribute these resources. This essay delves into the intricacies of economic systems, exploring four main types: Traditional (subsistence) Systems, Market or Commercial Systems, Centrally Planned Systems, and Mixed Economic Systems. Each of these systems possesses distinct characteristics and impacts on societies, influencing resource allocation, production, and distribution. Traditional (Subsistence) Systems…
    CapitalismDemandEconomicsPrice
  37. 37
    Competitor Analysis of IKEA Company
    Words • 1409
    Pages • 6

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    IKEA is an internationally known home furnishing retailer. It has grown fast since it was founded in 1943. Today it is the world's largest furniture retailer, recognized for its Scandinavian style and the low priced high quality furniture items. Most of IKEA'S furniture is flat-pack. This allows a reduction in costs and packaging. IKEA has around 9500 products, including home furniture and accessories. The products are available in all IKEA stores and customers can order them as well online through…
    CompanyDemandGreen BuildingIkeaMarketing
  38. 38
    Case Analysis “Julie’s Bakeshop”
    Words • 1580
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    Executive Summary Julies Bakeshop has been known in the Philippines for over 30 years for its quality products. It has been a strong brand in the bakeshop industry. But as time goes by, one of the biggest problem of JBS was the economic instability that led to the gradual increase in the prices of the raw materials that are the major ingredients and supplies in the production of the bread. These raw materials are the LPG, sugar, dough and etc.…
    BusinessDemandDesserts and bakingFranchisingPrice
  39. 39
    Louis Vuitton Case Analysis
    Words • 1600
    Pages • 6

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    Key Problem Louis Vuitton is a flagship group of LVMH, which had double digit development during 2010 and 2011. Michael Burke, the new CEO of LV group doubts about whether the group can grow sustainable. The main issue he present encounter is that how to push LV to grow steadily and secure LV's worths and heritage from being weakened. External Analysis PESTEL Analysis Political: The international luxury items market can separate into America, Europe, Japan, Asia-Pacific, and rest of countries…
    BrandsBusinessDemandLuxury GoodsOnline shoppingPrice
  40. 40
    BUDGETS AND BUDGETORY CONTROL
    Words • 4445
    Pages • 17

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    BUDGET PLANS AND BUDGETORY CONTROL - INTRODUCTION: The initially important task in front of the management is to have clearly defined objectives. Objectives are short term as well as long term and they must be defined in clear terms. It is required to prepare a thorough strategy to transform these objectives into reality and planning without managing will not be efficient and for this reason there is a need of reliable control system. While planning assists an organization to work…
    DemandEconomyForecastingInventory
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