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A bathing suit manufacturer has traditionally developed a demand forecast for the season and placed one order to suppliers to address the estimated demand, which
A bathing suit manufacturer has traditionally developed a demand forecast for the season and placed one order to suppliers to address the estimated demand, which is typical in a single procurement system. The manufacturer would like to use a different approach, with the goal of improving profits, reducing working capital needs, and improving cash flow. Which of the following approaches will likely produce these results for the manufacturer?
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