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Allocation
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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 also to lost sales and customer dissatisfaction, and consequently lost revenue.



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