1) In queuing theory, a line for waiting. 2) In distribution, a route from raw materials through consumption. See: distribution channel, marketing channel.
Any series of firms or individuals that participates in the flow of goods and services from the raw material supplier and producer to the final user or consumer. See: distribution channel.
A production planning method that maintains a stable inventory level while varying production to meet demand. Companies may combine chase and level production schedule methods. Syn: chase strategy, ch ase-demand strategy....