Examlex
What aspects need to be considered when designing a company Web site?
Safety Inventory
Extra stock kept on hand to protect against stockouts caused by variability in demand or supply.
Safety Inventory
A stock buffer maintained to mitigate risk of stockouts due to demand variability and supply chain uncertainties.
Lead Time
The duration between the initiation and completion of a process, such as the time from placing an order to its delivery.
Standard Deviation
A measure of the dispersion or variability within a set of data points, indicating how much variation exists from the average.
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