Examlex
What shows how many units are needed at every level of production?
Independent Demand
The demand for a final product or service which is not directly related to the demand for other products or services within a supply chain.
Rivets
Metal pins or bolts used to fasten two pieces of material together, commonly used in construction, manufacturing, and aerospace industries.
EOQ
Economic Order Quantity, a formula used to determine the optimal quantity of stock to minimize total inventory costs, including holding and ordering costs.
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