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| 1. Eliminating the disruptions and making the system flexible are supporting goals of the JIT.
2. Incremental Holding Cost incurred by using slower alternative is computed through Incremental Holding Cost =_H(d/365)
3. One of the basic elements of the Supply Chain Management is Purchasing for evaluating suppliers and supporting operations.
4. CPFR stands for Collaborative, Planning, Forecasting And Replenishment
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