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History for Allocation (history as of 12/23/2013 09:40:34)

Allocation is a systematic distribution of a limited quantity of resources over various time periods, products, operations, or investments. An example is the right product to the right location with the right quantities. Therefore retail or grocery stores not receiving the correct allocations for their stores would create out-of-stock products. Incorrect allocations would lead not only to out-of-stock products but lost sales and customer dissatisfaction, therefore lost revenue.

  

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